To Hoai Dan, director of the firm, told the Daily on Monday that the power price was set based on Decision 37/2011/QD-TTg on price support for power projects issued in June last year by the Prime Minister.
Currently, Cong Ly has finished construction of 110-kV power lines, 22/110-kV substations and other facilities worth a combined VND130 billion, enabling ten wind power turbines of 16 MW of the project’s first phase to generate power in late November. Meanwhile, the second phase is being implemented.
Having a total investment cost of some VND5.2 trillion, the 100-MV wind power project in Bac Lieu Province consisting of over 60 wind power turbines will generate around 320 million kWh for the national power grid every year.
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