EVN to buy wind power in Bac Lieu

Cong Ly Construction-Trading-Tourism Co. will sell power from its wind power project in Bac Lieu Province to Vietnam Electricity Group at 7.8 U.S. cents per kWh.

To Hoai Dan, director of the firm, saidthat the power price was set based on Decision 37/2011/QD-TTg on price support for power projects issued in June last year by the Prime Minister.

Currently, Cong Ly has finished construction of 110-kV power lines, 22/110-kV substations and other facilities worth a combined VND130 billion, enabling ten wind power turbines of 16 MW of the project’s first phase to generate power in late November. Meanwhile, the second phase is being implemented.

Having a total investment cost of some VND5.2 trillion, the 100-MV wind power project in Bac Lieu Province consisting of over 60 wind power turbines will generate around 320 million kWh for the national power grid every year.