Approving adjustment of investment policy and the investor for Huong Linh 3 WPP

Approving adjustment of investment policy and the investor for Huong Linh 3 WPP   – Chairman of Quang Tri Provincial People’s Committee (PPC) Vo Van Hung has just signed Decision No. 756/QD-UBND approving the adjustment of investment policy and the investor of the Huong Linh 3 wind power project. According to the Decision, the investment policy of Huong Linh 3 Wind Power Project is the first time approved by Quang Tri PPC for the Huong Linh 3 Wind Power Joint Stock Company (headquartered in Cooc village, Huong Linh commune, Huong Hoa district) as the investor (Decision No. 781/QD-UBND dated April 9, 2019). The Huong Linh 3 wind power project with a total capacity of 30 MW, average generation of 123.329 GWh/year is designed with 9 wind turbines with each capacity from 3.3 to 3.465 MW. The project is implemented on 8 ha in Huong Linh commune, Huong Hoa district (excluding land area for the foundations of the connecting grid to the national power system). The total project investment capital is more than 1,530 billion VND. According to the project progress in the decision on approving the investment policy, from March 2019 to May 2019, establishing technical design, construction drawing. In December 2020, […]

PVN and US partners held discussions on the cooperation in investment in offshore wind power and hydrogen projects

PVN and US partners held discussions on the cooperation in investment in offshore wind power and hydrogen projects   – On March 2, 2022, in Hanoi, Mr. Hoang Quoc Vuong, the Chairman of the Member Council of Vietnam Oil and Gas Group (PVN) and Mr. Mark Green – Chairman of the Asia-Europe region of AES Corporation (USA) discussed cooperation in developing offshore wind power and hydrogen projects in Vietnam. At the meeting, Mr. Mark Green updated on the implementation status of the Son My LNG Terminal project: after establishing the Charter of Son My LNG Warehouse Company, the agreement and necessary documents suitable with Vietnamese laws for founding Son My LNG Warehouse Company were signed by PV Gas and AES on February 27, 2022, the documents on Son My LNG Warehouse Joint Stock Company ware submitted to Binh Thuan Provincial Department of Planning and Investment. At present, the sides are actively coordinating to work with Binh Thuan provincial relevant agencies to as soon as possible obtain the Investment Registration Certificate and finalize relevant investment procedures. Mr. Hoang Quoc Vuong considers Son My LNG terminal is an important project for Vietnam and PVN wishes to promote the project implementation towards synchronizing the use of LNG for power […]