Quang Tri – darling of foreign investors in energy

The central coastal province of Quang Tri has attracted many foreign investors in energy, from thermal, gas, to wind and solar power, which is a strength and a key industry of the locality.
Quang Tri – darling of foreign investors in energy ảnh 1Illustrative image (Source: VNA)

QuangTri (VNA)
– The central coastal province of Quang Tri hasattracted many foreign investors in energy, from thermal, gas, to wind andsolar power, which is a strength and a key industry of the locality.

Quang Tri is home to 17 wind power projects, with the 30MW Huong Linh 2 WindPower Plant put into operation in 2017 and the others with total capacity of578 MW are under construction.

Meanwhile,45 wind power projects with combined capacity of over 2,500 MW have beensubmitted to the Ministry of Industry and Trade for approval.

Hoang Tien Dung, head of the energy management bureau at the provincialDepartment of Industry and Trade, said some businesses from Hong Kong (China)have showed their interest in investment in wind power production in Quang Trifollowing their survey in Cam Lo district.

Meanwhile, the Dong Nam Economic Zone in the province has attracted foreigninvestors in thermal and gas power, he said.

The most noteworthy is the 1,320 MW BOT Quang Tri 1 Thermal Power Plantinvested by Thailand’s EGAT International Company Limited with total capitalexceeding 55 trillion VND (2.36 billion USD). Construction of the plant isscheduled to begin in late 2019.

The provincial People’s Committee and the Korea Western Power Co., Ltd of theRepublic of Korea have also signed a memorandum of understanding on theimplementation of the Quang Tri 2 Thermal Power Plant, also in the Dong NamEconomic Zone, with a capacity of 1,200 MW.

Besides, ISE Food of Japan has invested in a 50 MW solar power project in HaiLang district.

Currently, the province has 21 solar power projects with an accumulativecapacity of 1,514 MW.

To optimize capacity of these projects, Quang Tri has proposed the building ofa 220KV power line between its Dong Ha city and the neighbouring country ofLaos and putting it into operation between 2020 and 2021.

The province has rolled out various solutions in support of businesses in this field,including information supply, e-government and official data system building,and consulting services.

Nguyen Duc Chinh, Chairman of the provincial People’s Committee, said Quang Triexpects that local power projects will supply thousands of MW of electricity tothe national grid by 2025, making it a centre of energy in the north centralregion./. 
VNA

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