In a stride towards expanding its renewable energy portfolio, Quang Tri People's Committee has green lit a second adjustment to the investment initiative for the Tan Hop wind power plant project, with the total investment approaching VND1.7 trillion (approximately $74 million).
According to Quang Tri Department of Industry and Trade, the local people's committee's decision facilitates a second investment adjustment for the Tan Hop wind power project, led by Thanh An Wind Power JSC.
With the plant's capacity maintained at 38MW, the revisions encompass a broad spectrum of tasks, including the installation of a medium-voltage electrical system to connect the turbines to a 110kV transformer station, the construction of a 35/110kV cable station, a 5km long 110kV line, the expansion of a 110kV output compartment at the 220kV Lao Bao transformer station, and approximately 2.2km of access roads to the project site.
The schedule has also been revised, with design adjustments and technical design approval set for June to September this year. Construction and turbine installation, along with the internal transmission line, is slated for October 2023 through to July 2025.
Commercial operations are projected to commence in August 2025, a significant deviation from the original plan of November 2021.
In approving these changes, Quang Tri People's Committee mandates regular investment activity reports from Thanh An Wind Power JSC, and insists on adherence to the revised schedule.
In the case of violations of Article 48 of the 2014 Investment Law, Quang Tri Department of Planning and Investment will report to the local people's committee to terminate the project.
Quang Tri People's Committee previously issued Decision No.2168/QD-UBND to change the use restrictions of 20.4 hectares of forest land (3.9ha of protected forest and 16.5ha of production forest) to land lease to allow Thanh An Wind Power JSC to implement the Tan Hop wind power project.
Endorsed by Quang Tri People's Committee in Decision No.3588/QD-UBND on December 15, 2020, the Tan Hop wind power project has an estimated annual output of 150 million kWh and a projected capacity of 38MW. It consists of 10 wind turbines, each with a capacity of 3.8MW.
Thanh An Wind Power JSC was established in June 2020, with its headquarters in Gio Linh district of the province. The representative is Le Van Dai, who also serves as the company's director.
Thanh An Wind Power JSC has a charter capital of VND520 billion (approximately $22.7 million) and is funded by three shareholders. The largest is Thanh An JSC with a capital contribution of VND416 billion ($18.1 million), equivalent to 80 per cent of the charter capital, while the other two, Hoang Tien Thanh and Le Thi Thanh Thuy, have each contributed VND52 billion ($2.3 million).
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