Construction of a 30MW wind power plant started on April 3 at the Nhon Hoi Industrial Park in central Binh Dinh province.
Clean Energy JSC and CP Phuong Mai Wind Power JSC will invest a total of 1.2 trillion VND (60.25 million USD) in Phuong Mai Wind Power Plant No 1.
The plant, covering 143ha, will be located on Phuong Mai Peninsula where the IP is situated.
Operating in an average wind speed of 12 metres per second, the 12-turbine plant will be able to generate 82 million kWh per year.
Investors in the plant have signed a contract to sell electricity to national power utility Electricity of Vietnam (EVN) for 1,600 VND per kWh.
The plant will make a major contribution to the development of clean energy in Vietnam when it starts operations in the second quarter of 2012.
To utilise its great potential for production of clean energy, Binh Dinh province has set aside 283ha of land in Nhon Hoi IP for wind-power projects, including Phuong Mai Wind Power Plant No 1.
