The Vietnam National Coal and Minerals Industrial Group (Vinacomin) on December 20 inaugurated Dong Nai 5, one of the key projects in the country’s Power Development Plan 7.
Lam Dong (VNA) – The Vietnam National Coal and Minerals Industrial Group (Vinacomin) on December 20 inaugurated Dong Na🅰i 5 Hydropower plant in the Central Hig✤hlands province of Lam Dong, one of the key projects in the country’s Power Development Plan 7.
Invested by Vinacomin’s Power Holding Corporation with a total capital of 6.11 trillion VND (268.48 million USD) , construction of the plant, which is located in both Lam Dong and Dak Nong provinces, started in late 2012.
The plant’s first turbine was connected to the national grid in September this year, two months ahead of schedule, while the second one operated two months later.
With a combined capacity of 150MW, the two-turbine plant is expected to generate over 600 million kWh to the national grid every year, contributing to ensuring national energy security and promoting socio-economic development in the localities hosting it.-VNA
As traditional sources of energy like coal and petroleum are quickly becoming exhausted, resulting in high prices and unstable supply, Vietnam is seeking renewable resources.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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The inauguration ceremony (Source: VNA)
