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Trung Nam breaks through with green energy

May 11, 2022

Racing with the wind

At this time, the Ea Nam Wind Power Plant Project is located on an area of 600 hectares, in 3 communes Ea Nam, Ea Khal and Dlie Yang (Ea H'Leo district, Dak Lak province), with a design capacity of 400 MW, with a scale of 84 wind towers, connecting the system of 1.2 km of 500 kV transmission lines to reach the finish line as planned.

With a total investment of over VND 16,500 billion, estimated electricity output of 1.1 billion kWh/year, Ea Nam Wind Power Plant Project is operated by Trung Nam Dak Lak 1 Wind Power Joint Stock Company, belonging to Trung Nam Group. (Trungnam Group) as the investor.

Not only is it a key wind power project of Dak Lak province, it is also the largest wind power project in Vietnam, which has been added by the Ministry of Industry and Trade to the revised Power Master Plan VII and approved by the People's Committee of Dak Lak province. investment on December 31, 2020.

To ensure the progress of the project, the interests of the people in the project area and minimize the environmental impact, recently, Trung Nam Dak Lak 1 Company has added more than 10 billion VND to support the affected people directly in the project area.

This support amount is continuing to be reviewed and supported by the investor in turn for each related household. At the same time, there was a pledge to repair the roads affected by the project and strengthen the development and construction of social security projects in Ea H'Leo district such as financing the construction of 11 houses. gratitude with a total value of more than 550 million VND; cultural houses of 3 communes Ea Nam, Ea Khal, Dlie Yang are included in the social security responsibility program and will be implemented in 2021; construction of 1.5 km of concrete road in hamlet 8, Ea Khal commune to donate to the locality.

When the project is put into operation, people will directly benefit more than 54 km of roads from the project's route.

In parallel with supporting and sharing with people in affected project areas, Trung Nam Dak Lak 1 also checked the working process of construction units and corrected, fined or even terminated contracts for with construction units that violate their commitments, affecting people.

Not only racing, racing at the Ea Nam Wind Power Plant Project, at this stage, Trungnam Group is urgently constructing two other wind power projects, Phuoc Huu Ninh Thuan (50 MW) and Tra Vinh (more than 100). MW) to put into commercial operation before October 31, 2021, in time to enjoy the prescribed electricity price.

Together to go far

Before a series of wind power projects under construction to reach the finish line in 2021, Trungnam Group has made its mark in many large renewable energy projects. Not only are two solar power projects in Thuan Bac district, Ninh Thuan province and in Duyen Hai district, Tra Vinh province, with a total capacity of over 360 MW, in the list of Trungnam Group there are also Thuan Nam Wind Power Plant, including 45 turbine towers with a total capacity of nearly 152 MW, the largest among wind power plants that have been put into operation up to now.

In particular, Trungnam Group also became the first private investor in Vietnam to build and successfully put the 220/500KV substation and transmission line combined with the 450 MW Trung Nam Thuan Nam Solar Power Plant into operation in 2020.

Mr. Nguyen Tam Tien said that Trungnam Group is continuing to implement many energy projects to achieve the goal that by 2027, it will bring 10 GW more into the national power grid.

To achieve the goal, Trungnam Group has chosen for itself the path to go further. This is also the starting point for the recent decision to sell shares in some renewable energy plants.

In mid-April 2021, Trungnam Group signed a contract to transfer 35.1% stake in Thuan Nam Wind Power Plant Project, with a capacity of 152 MW, with a total investment of more than VND 4,000 billion, to Hitachi Sustainable Energy Company , a member of Hitachi Company from Japan.

More than a week earlier, Trungnam Group also signed an agreement to sell 49% of the shares of Trung Nam Thuan Bac Solar Power Plant, with a capacity of 204 MW and a total investment of VND 5,000 billion, to A Chau Industrial Technology Joint Stock Company.

Sharing this share sale, Mr. Nguyen Tam Tien said: “Trungnam Group will not transfer more than 51% of the shares because we have member companies in the ecosystem that are qualified to own and operate all of them. even power plants”.

At Thuan Nam Wind Power Plant, after selling shares to Hitachi Sustainable Energy, Trungnam Group still owns 64.9% of the shares, thereby continuing to play a decisive role in the operation and development orientation of this project.

However, Hitachi Sustainable Enery together with its member companies in Hitachi Japan Company which is operating 30 wind power companies in Japan will certainly bring a lot of good experience to effectively operate power projects. wind of Trungnam Group.

According to Mr. Tien, the big renewable energy corporations in the world usually have strong financial potential, good technology and management, as well as the ability to gather large enterprises in the same industry. Meanwhile, domestic enterprises are often alone, so many businesses, after finding an opportunity, immediately transfer to foreign partners.

The leader of Trungnam Group also affirmed that the current legal provisions do not prohibit investors from transferring project shares or the transfer rate, except in certain areas where foreign investment is restricted as provided in the law.

On this path, Trung Nam Group also clearly determines not to sell controlling shares and never to partners whose capital is unclear or does not get along with it. “We choose domestic enterprises that are strong companies that can be linked for a long time, or sell shares to partners with really good foundations from Japan such as Hitachi, Europe and the US”, Mr. Tien emphasized. strong. In this way, Trungnam Group determines the complete investment, including partial transfer, strategic cooperation with other enterprises.

 

“Selling shares in some projects to partners with financial potential and experience on the one hand will help the project grow stronger, on the other hand, help Trungnam Group have more financial resources to continue. The way to invest in new projects, going further with this green energy field still has a lot of potential," said Mr. Nguyen Tam Tien.

  

(According to Link: https://baodautu.vn/trung-nam-dot-pha-voi-nang-luong-xanh-d145486.html )

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