Khanh Hoa, 50MW Solar Power Plant to be Constructed

Hanoi, October 29 (Engineering Daily) -- The Central Power Corporation (EVNCPC) has decided to invest in the Central Solar Power Project to encourage the development of clean energy sources and VND 1,372 billion to build solar farm in Khanh Hoa province.

The project has a total capacity of 50MW, providing average power output from 87,598 GWh to 98,147 GWh per year in the national electricity system. The total investment capital for the construction of the Central Solar Power Project is VND 1,372 billion. In particular, Agribank will fund EVNCPC loans of VND 735 billion, accounting for 58.5% of total investment cost before tax.

It is expected that the project will be completed and operated in June 2019.