- The Chairman of Dak Lak Provincial People's Committee has issued a decision on investment policy for two wind power prọects with a total capacity of 70 MW and an investment of more than 2,210 billion VND for VNM Investment Company Limited (Singapore) - a subsidiary of EDF Renewables (EDFR) under the French Electric Corporation (EDF).
The wind power projects with have obtained the investment policy include Beta VNM with a capacity of 50 MW and a total investment level of 1,560 billion VND, developed on an area of 10.9 ha in Dat Hieu, An Binh, Doan Ket, Thong Nhat, Binh Tan wards and Cu Bao (Buon Ho town), Ea Ngai (Krong Buk dítrict) and Ea Tul (Cu M’gar district) communes; and Alpha VNM with a capacity of 20 MW and investment of 650 billion VND, developed on an area of nearly 6.5 ha in Ea Sol, Dlie Yang and Ea Hiao communes (Ea H’leo district).
These projects expect to be implemented in 24 months from the date of receiving investment policy and operated in 50 years; they also ẹnjoy preferential land rent, corporate income tax, and import tax according to the current regulations.
EDFR of EDF is a company specializing in investment in renewable energy projects. Currently, EDFR is operating more than 13,000 MW and developing 5,839 MW of wind and solar power projects in the whole world.
EDFR places the aims to complete installing and operating 50 GW of renewable energy by 2030 and Vietnam is one of the strategic markets in the Asia of the EDF in expanding and developing the power projects from gas and renewable energy.
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