Quang Tri to build 600 billion VND hydropower plant

The People’s Committee of the central province of Quang Tri has decided to build a hydropower plant worth nearly 600 billion VND (26.4 million USD) in Huong Hoa district.

Monday, March 05, 2018 14:17

Quang Tri to build 600 billion VND hydropower plant ảnh 1

Illustrative image (Source: VNA)

Quang Tri (VNA) – The People’s Committee of the centralprovince of Quang Tri has decided to build a hydropower plant worth nearly 600billion VND (26.4 million USD) in Huong Hoa district.

The Huong Phung hydropower plant, covering 67.5 hectares inHuong Phung commune, will have two turbines with a combined capacity of 18 MW.Once operational, it will generate 76.8 million kWh per year.

The 30-year project will be implemented by Quang Tri EnergyJSC. Investment procedures and clearance work for the project will be completedby the end of September.

Construction is expected to start in October this year. It willbe connected to the national power grid in the first quarter of 2021.

Huong Phung is an extremely difficult commune, therefore, theinvestor enjoy several incentives, in terms of corporate tax, and land rentaland land using tax.-VNA

VNA

#Quang Tri #hydropower plant #Investment procedures #national power grid #corporate tax #Vietnamplus #Vietnam News Agency #Viet Nam News

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