Vietnam:

Vietnam’s First Geothermal Power Plant Project Licensed (Nhân Dân)

(Courtesy CIA.gov)

The Quang Tri provincial People’s Committee has granted an investment licence for a project to build a 25 MWe geothermal power plant in Dakrong district.

The VND 974 billion (US$46.3 million) project aims to promote exploration for new sources of energy in the near future. It is invested by SVA Financial Group.

Ta Huong, Deputy Chairman of the Vietnam Thermal Association, said Vietnam has the potential for developing geothermal power in almost all provinces and cities nationwide, especially in Phu Tho, Quang Binh and Quang Tri.

The geothermal power plant, which is said to be environmentally friendly, can operate 24 hours a day without being affected by weather conditions.

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