|Owner||Phu Khanh Solar JSC|
||Phu Yen Province|
||Xuan Tho 1 & 2 Solar power plant|
||Phu Khanh JSC|
On Oct 30, 2018, Electric Power Trading Company (EPTC) and Phu Khanh Solar. JSC signed Power Purchase Agreement for 100MW Xuan Tho I and Xuan Tho II Solar Project.
Electric Power Trading Company and Phu Khanh Solar JSC have signed a Power Purchase Agreement for 100 MW Xuan Tho 1 and Xuan Tho 2 Solar Project, approved feed-in-tariff (FiT) rate of 9.35 US cents per kilowatt-hour (kWh)
The installation, located in Xuan Tho 1 and Xuan Tho 2 Commune, Song Cau Town, Phu Yen Province expects to start providing clean energy by the mid of 2019. The site will be developed on 60 hectares of lands. Each of these projects has a capacity of 49.6 MW, 76.2 million kWh/year, investment capital of 1,247 billion VND.
Mr Le Cong Thinh, assistant general manager, development for Xuan Tho 1 and Xuan Tho 2 Project, “Phu Khanh Solar JSC is pleased to have completed the permitting process on Xuan Tho Solar. This 100MW project help load-serving entities meet their long-term demand in Viet Nam and promote economic development”
Mr. Nguyen Danh Son, Director of EPTC added: “EVN, as one of the largest energy suppliers in Viet Nam, is actively growing its renewable power business, building on our strengths and capabilities to bring more clean energy solutions to our customers. Working closely with companies like Phu Khanh Solar Jsc., and its proven track record as a successful developer of large scale renewables, allows us both to better meet the evolving power needs of our customers.”
VietNam PRP has supported Owners to get Agreement on Technical Design of Grid Connection Points, Agreement on Tariff Metering System, Agreement on Relay Protection and Automation System, Agreement on SCADA and Telecommunication System, conditions for signing the PPA with EPTC. In addition, Feasibility Study Report Preparation, Basic Design Preparation is designed by VietNam PRP company.