return icon Vietnamnet.vn

Wind power projects: many registered, few implemented

Of the 15 wind power projects approved in Ninh Thuan province, only three have been implemented as promised by investors.
VietNamNet Bridge - Of the 15 wind power projects approved in Ninh Thuan province, only three have been implemented as promised by investors.


{keywords}

Many wind power projects have been registered



Ninh Thuan, which vows to become the country’s clean energy center, has applied policies to encourage investment in wind power projects. 

However, the province’s investment incentives still have not brought the desired effects and many registered projects have been proceeding at a snail’s pace.

According to the provincial planning and investment department, 15 wind power projects in the locality have been approved. These include 12 licensed projects with total capacity of 748 MW and registered capital of VND22.5 trillion.

According to the provincial planning and investment department, 15 wind power projects in the locality have been approved. These include 12 licensed projects with total capacity of 748 MW and registered capital of VND22.5 trillion.

However, only three projects have been implemented as scheduled. Three turbines with the capacity of 6 MW have been installed at the 40 MW Dam Nai Wind Power Plant in the districts of Ninh Hai and Thuan Bac. 

The second phase of the project is under execution and is expected to be completed by the end of this year.

The other two projects include the 37.6 MW Phuoc Dinh Plant in Thuan Nam district and 105 MW Trung Nam Plant in Thuan Bac.

Other projects are making no headway, though the local authorities have repeatedly urged investors to accelerate the implementation. 

The 50 MW Phuoc Huu Wind Power Plant kicked off in October 2010 and expected to be completed in December 2011. However, to date, only several items have been finished, while the investor still has not fulfilled procedures to carry out the construction.

Similarly, the 30 MW Phuoc Huu – Duyen Hai 1, the 30 MW Loi Hai 2, 50 MW Win Energy Chien Thang and 27 MW Phuoc Minh are also going very slowly.

The delays in wind power project implementation have been attributed to factors economic conditions, the changes in basic designs of the projects, and the tardiness in signing electricity sale contracts with the Electricity of Vietnam (EVN).

However, deputy chair of Ninh Thuan Pham Van Hau said the reasons cited are unconvincing, saying that the problem lies in the lack of investors’ determination to implement the projects. 

In some cases, investors only began looking for financial partners after getting investment licenses. One enterprise registered three projects, which are going slowly.

The local authorities have decided to cancel one to two projects because of the slow implementation. Investors have committed to accelerate the implementation of remaining projects, but no considerable progress has been made.

In case of Cong Hai 1 project, the investor does not have to pay tens of billion of dong in deposits to ensure the project implementation as per the decision of the provincial authorities. However, the project implementation still cannot satisfy the requirements.


RELATED NEWS

Poor workers burdened with expensive power rates

Solar energy industry poised to take off


Kim Chi

MORE NEWS

President to pay State visit to RoK next week

President Nguyen Xuan Phuc and his spouse will pay a state visit to the Republic of Korea from December 4-6.

Fansipan among five top destinations for mountain trekking at year-end

Renowned tourism website Women's Weekly of Singapore has named Fansipan among the leading five destinations to visit for mountain trekking at the end of the year, with the website noting the Vietnamese mountain’s impressive views.

Dortmund chiefs predict bright future for VN football

Although this was only a friendly game with many of the German stars absent from the starting eleven due to the Qatar World Cup, the victory gave the Bundesliga team food for thought about Vietnamese players.

International designers dazzle fashion fans in Hanoi

International designers left a deep impression on fans of fashion in Hanoi with hundreds of fascinating designs presented at the Aquafina VN International Fashion Week (AVIFW) Fall/Winter 2022.

Monthly Government meeting focuses on year-end key tasks

The Government has established working groups on liquidity and currency, the real estate market and corporate bonds led by deputy prime ministers to stabilise these markets.

Vietnam to reduce environmental impact of textile-garment industry by 2030

The Vietnam Textile and Apparel Association (VITAS) has set a goal of helping Vietnam's textile and garment industry be more environmentally friendly by 2030.

Property brokers no longer manipulate prices as buyers become more cautious

As buyers have become more aware and careful about shady practices, real estate brokers have not been able to sell properties at prices much higher than their real value.

Hanoi to turn middle alluvium ground into park

One more park has been designed for Hanoians. However, it is still unclear when the project will appear, as a number of other projects are still on paper or pending.

Asian investors eye more M&A opportunities in Vietnam

Investors from Japan, the Republic of Korea (RoK), and Singapore are looking for more potential merger and acquisition (M&A) opportunities in Vietnam, pinning high hopes on the long-term growth prospects of the market.

Vietnam's fishery exports exceed 10 billion USD in 11 months

Fishery exports reeled in 10.14 billion USD as of November this year, up 27% annually, said the Ministry of Agriculture and Rural Development.

HCM City want foreign doctors to be fluent in Vietnamese

The HCM City Department of Health has just proposed that foreign doctors should be fluent in Vietnamese if they want to work in the country.

Use of toxic e-cigarettes among students on the rise

After a trial smoke, T lost consciousness, was foaming at the mouth, and his limbs were curled up. Two days later, T regained consciousness at the hospital, but was still in the status of extreme fear.

Vietnam spends US$7.74 billion importing petroleum products

Vietnam imported over 7.5 million tonnes of oil and petrol worth around US$7.74 billion as of mid-November, up 24.1% in volume and 122% in value year on year, according to the General Department of Vietnam Customs.

Vietnam won’t sacrifice the environment for economic growth: Prime Minister

Vietnam takes people as the goal in development. People will enjoy the fruits of a green economy and the government will not sacrifice the environment to pursue economic growth.

Vietnam’s bond market contracts amid monetary tightening

After strong growth in the previous quarter, Vietnam’s currency bond market contracted 0.2% due to a decline in the Government bond market and slower growth in corporate bonds.
back_to_top