At the ceremony.
The VND12 trillion (US$518 million) project spans more than 557 ha in Phuoc Minh commune, Thuan Nam district, and includes more than 17km of transmission lines of 500kV, 220kV stretching from Ninh Thuan to Binh Thuan province.
Luu Xuan Vinh, Chairman of the Ninh Thuan People's Committee, said the project will also make an important contribution to easing the rate of unused plants that wasted thousands of billions of VND each year and improve the business environment in the province.
The plant started operating on September 29 and is expected to produce 1.2 billion kWh of electricity in the first year and more than 1 billion kWh from renewable sources every year.
Nguyen Tam Tien, general director of the Trung Nam Group, said though the project requires complicated implementation in the COVID-19 pandemic, the group with high determination completed in 102 days from the middle of May with the hard work of 8,000 officials, engineers and workers.
The official further said the project will contribute important capacity for regional power grids in Ninh Thuan and the south-central coast.
Two transformer stations of the project, with a total capacity of 1.800MVA and lines designed to improve connectivity, will increase system reliability in the regional power grid.
Trung Nam Group is also the executing unit of Ca Na general seaport project with the capacity of 70,000 - 100,000 DWT per year in Ninh Thuan. Once finished by December 2022, the seaport will make an important contribution to supporting the transportation of equipment, especially super-heavy equipment for renewable energy projects and gas power projects in the field in the province, as a hub of renewable plants in Vietnam.