The Mekong Delta province of Tra Vinh is witnessing a series of wind power projects settling in the province thanks to its favourable position, with total investment exceeding VND42 trillion ($1.8 billion).
Wind turbines in the sea of Tra Vinh. The Mekong Delta province of Tra Vinh is home to a series of wind power projects thanks to its favourable position. (Source: Photo cafef.vn)
Among them is the 48 MW windpower plant project invested by Truong Thanh Vietnam Group JSC in co-operationwith Sermsang Power Corporation.
The project covers an area of 1,220ha, witha total investment of 2.23 trillion VND. Construction on the project started inSeptember last year and is expected to be partially connected before Octoberthis year.
The Refrigeration ElectricalEngineering Corporation (REE) also plans to invest in the No 3 wind power plantwith a total investment of VNĐ1.22 trillion on an area of 1,225 ha.Construction started in October 2019, with a total expected capacity of 48KW.
The North InvestmentConstruction and Development JSC and Hung Bac Energy Investment JSC have signeda Memorandum of Understanding on a wind power project with total investmentcapital of 7.17 trillion VND.
Trung Nam ConstructionInvestment Corporation has also invested in a wind power plant project withtotal capital of 6.75 trillion VND. It is believed that Trung Nam successfullymobilised over 3 trillion VND for its energy segment last year.
Hung Hai Investment JSC and TruongThanh Energy and Technology JSC have also poured investment into their windpower projects with the same amount of capital of 5.78 trillion VND.
Thang Long Construction Grouphas invested 8.59 trillion VND into Thang Long wind power project. SG-CCG JSChas poured 4 trillion VND into Duyen Hai wind power plant.
Tra Vinh is situated betweenthe Tien and Hau rivers, the two main branches of the Mekong River, which allowtransport with other south-western provinces, HCM City and neighbouringcountries. It is also bordered by a 65km long coastline. Its geography createsfavourable conditions for the province to develop transportation, trade andservices, tourism and cultural exchange with other regions.
According to the ProvincialStatistics Office, Tra Vinh’s Gross Regional Domestic Product (GRDP) last yearwas estimated to increase by 14.85 percent, which was the highest jump comparedto other provinces in the Mekong Delta region.
The agriculture, forestry andfishery sector posted a growth of 2.58 percent, industry and construction roseby 34.37 percent and service sector rose by 6.94 percent.