$67.5 million plant to address energy losses in Mekong Delta province.
The Hau Giang Provincial People’s Committee has approved a the construction of a solar power plant in Phung Hiep district, Deputy Chairman of the province, Mr. Le Canh Tuyen, told local media.
The plant will receive investment of more than VND1.5 trillion ($67.5 million) from the PetroVietnam SongHong Investment and Trading Corporation. On an area of 55 ha, the plant will have a capacity of 36 MW and be put into operation in the second quarter of 2017.
The project is consistent with the government’s policy and development strategy for renewable energy in Vietnam to 2030 and vision towards 2050 as well as with local planning on the efficient exploitation of solar energy.
It will also curb energy losses by reducing the area’s reliance on power transmitted from remote power plants.
Deputy Chairman Tuyen added that the Mekong Delta province has direct local authorities to work with the investor on promptly fulfilling the necessary procedures for the project to begin as soon as possible.
Hau Giang Province has committed to offering preferential policies to the investor in site clearance, taxes, and human resources training.