The German Enercon Industries Corporation has pledged to arrange funding and supply equipment for a wind power project in the Mekong Delta province of Soc Trang.
The project, projected to cost 1 billion EUR and have a design capacity of 2,600MW, is part of the province’s wind power development plan.
The group made the commitment after making a fact-finding tour to the province to assess local wind power potential.
Experts of the German group said Soc Trang has favourable conditions to develop wind power, particularly the coastal area.
The province has outlined a master plan on wind power development until 2020 with a vision to 2030, under which the coastal Cu Lao Dung and Tran De districts and Vinh Chau commune are zoned for the purpose.
Total investment for projects under this plan is estimated at nearly 8,300 billion VND (390 million USD).
Chairman of the provincial People’s Committee Nguyen Trung Hieu said he will create all favourable conditions for investors to carry out their work.-VNA