HCM City (VNA) – Nearly 5 trillion VND (216.5 millionUSD) will be invested in building a solar power plant in the south-central coastalprovince of Ninh Thuan.
According to the investor - Trung Nam Solar Power JSC, a member of Trung NamGroup, the 204 MW plant will cover more than 264 hectares of the Trung Nam windfarm in Bac Phong and Loi Hai communes, Thuan Bac district.
Work on the plant will start on July 7 and is scheduled to be completed in June2019.
It is expected to produce between 401 and 450 million kWh of electricity peryear, supplying more electricity for Ninh Thuan province in particular and thecountry in general.
On July 3, the Electric Power Trading Company (EPTC) of theElectricity of Vietnam (EVN) signed a power purchase agreement with the TrungNam Solar Power JSC.
Under the agreement, EPTC will purchase electricity from Trung Nam at a priceof 2,086 VND (9.35 cents) per kWh.
In August 2016, Trung Nam Group started work on a 100 MW wind power plant inthe province.
Earlier, the group had developed a few energy projectsincluding the 70MW Dong Nai 2 hydropower plant and the Krong No.2 and KrongNo.3 hydropower plants, with a combined output of 48MW, in the CentralHighlands province of Lam Dong. As of November 2017, all of its hydropowerplants had generated more than 1 billion KWh.-VNA
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Illustrative image (Source: VNA) 
