Hanoi (VNA) - The Ho Chi Minh City-based Fico JSC has been giveninitial approval from the Binh Dinh Economic Zone (EZ) Authority to develop twowind power plants in the Nhon Hoi EZ.
Spanning 175ha, the Nhon Hoi 1 wind power plant would have a capacity of 30MWannually, and would cost more than 1.32 trillion VND (56.7 million USD) tobuild, according to the provincial portal.
The 30MW Nhon Hoi 2 wind power plant, with an estimated cost of nearly 1.25trillion VND (54 million USD), would cover 200ha.
The two plants are slated for completion in September 2021.
The investor would have its approval revoked if it failed to implement theprojects within a year, according to the province.
Last year, the central province of Binh Dinh granted investment licences to 83domestically-financed projects with total registered capital of more than 48trillion VND. Of the total, 10 projects worth 30 trillion VND were in the NhonHoi EZ./.