You are here

Vietnam will launch wind power projects

News International-French

22 Dec 2015

In order to promote wind power projects progress, Vietnam Ministry of Industry and Trade (MIT) will launch some of the wind projects call for public bids.

Vietnam MIT General Department of Energy New Energy and Renewable Energy division chief told reporters that government requires MIT to relaunch the auditing and evaluation on the wind projects that have been abandoned by the investors. The renewable energy division will recalculate the project real cost so that the proper electricity price purchasing preferential support policy will be issued.

Vietnam MIT may first study the postponed wind power projects in Ninh Thuan and Binh Thuan and start to launch those projects and call for public bids. Through public bidding to understand projects. The government will apply the electricity generation equipment price in Europe, USA, or nearby countries to determine the relative purchasing electricity price so that all the different investors will be treated fairly.

At the same time, Vietnam MIT has submitted to Vietnam Prime Minister the national renewable energy development strategy Preliminary report. It is estimated that in the future few years’ national renewable energy development strategy will be issued by the beginning of next year. At present, there are 52 wind power projects have been established with a total capacity of 4252 MW. It is estimated that by the year 2030, the renewable energy will be accounting about 6% of the total electricity in that country.

More -