Phuong Mai 3 solar power project in Binh Dinh

  • Objectives:
    • To build an independent power plant (IPP) for selling electricity to the national power grid, providing about 70,000 MWh every year, contributing to the mitigation of power supply stress of the grid, particularly in dry season. The Project also contributes to the annual reduction of Green House Gas emission of 52,000 tCO2.
    • To expand the business of power sector to a new area: using clean energy for electricity generation to minimize environment pollution factors whereas meeting the increasing demand for energy of the country.
    • To create more jobs, improve the production and increase income for the state budget; to create a focal point for tourism and economy development for Bình Định province
  • Location: Nhơn Hội Economic Zone, Quy Nhơn city, Bình Định province
  • Area: 123 ha
  • Total investment: 100 million USD
  • Capacity: 130 MW
  • Construction period (expected): Oct, 2020 – Jun, 2021
  • Investment form: Direct investment