Industry News
Firms ink contracts for wind, solar power

A spate of contracts were signed on Saturday by local firms to build wind and solar power projects in the south-central province of Ninh Thuận.

The contracts were basically signed by the Trung Nam Construction Investment Corporation (Trungnam Group) and the Trung Nam Wind Power Joint Stock Company with several partners.

Nguyễn Tâm Thịnh, a representative of the Trung Nam Wind Power Joint Stock Company, said it will partner with five firms to build a wind power project.

The five firms are: Trung Nam Construction & Engineering Corporation; Power Engineering Consulting Joint Stock Company No 4; Đức Dung Design and Construction Consulting Joint Stock Company; Lilama 45.3 Joint Stock Company; and Green Cosmos Marketing Pte Ltd.

Under the contract signed by these firms, the engineering, procurement and construction (EPC) package will be carried out in 20 months from the date of signing.

Meanwhile, the Green Cosmos Marketing Pte Ltd signed a contract with the Enercon group of Germany to provide equipment for installing 45 wind turbine towers at the Ninh Thuận plant.

Trungnam Group and the Syntegra Solar International AG inked a contract on the solar power project consultation and management.

Andreas Siegel, Consul General of Germany in HCM City, said at the signing ceremony that Enercon and Syntegra Solar were two prestigious German groups specialising in wind and solar power equipment.

The cooperation between Trung Nam Group and the two groups will not only bring about benefits in terms of clean energy development, but also serve as a milestone in Việt Nam-Germany economic partnership in the renewable energy industry.

Construction of the Trung Nam wind power plant began in August 2016 with total investment of VNĐ3.96 trillion (US$174.5 million). The factory is set to have a capacity of 90–100MW, generating 286 million kWh. Phase I of this project is scheduled to be completed in the third quarter of 2018; and phase II in the second quarter of 2019.

The Trung Nam Group is also conducting a feasibility study for a 515MW solar power project in the province.

Source : Vietnam News

June 2017

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