Over VND10 trillion of FDI poured in 6 wind power projects in Dak Lak
The authorities in the Central Highlands province of Dak Lak has granted in-principle investment approval to six foreign-funded wind power projects worth more than VND10.08 trillion (US$436.5 million).
Of the projects, there are two wind power plants from the Singaporean-invested VNM company. The two boast a total capacity of 70 MW and cost over VND2.21 trillion.
Accordingly, the 20 MW-Alpha VNM plant, valued at VND650 billion, will be developed in three communes of Ea Sol, Dlie Yang and Ea Hiao on an area of nearly 6.5ha.
Meanwhile, the 50MW-Beta plant will cover 10.9ha in eight communes of Dat Hieu, An Binh, Doan Ket, Thong Nhat, Binh Tan, Cu Bao, Ea Ngai and Ea Tul with a cost of VND1.56 trillion.
With attractive investment attraction policies and favourable natural conditions, Dak Lak has become a destination for many solar and wind power projects.