Technoprom Export, an affiliate of Russia’s Rostec Group, expressed its intention to invest in thermal power in the south central coastal province of Ninh Thuan during a working session with local authorities here on Thursday.
Technoprom Export Director General Topo Gilka said the firm had built five thermal power plants in Viet Nam with combined capacity of 685 MW, and joined in six hydropower projects with combined capacity of 3,146 MW.
He said the company wanted to study building a 2,000 MW thermal power plant in Ninh Thuan and petitioned local authorities to provide more information on the locality.
The Russian executive also said he hoped the Vietnamese Government, ministries and agencies would assist the company when it conducted investment procedures.
For his part, Vice Chairman of the provincial People’s Committee Tran Quoc Nam detailed existing Russian investment projects in the locality, including the Dam Vua salt making farm in Ninh Hai District and a vodka plant soon to be constructed.
He also introduced the province's potential for renewable energy, including gas-fuelled power.
With permission from the Prime Minister to develop into a renewable energy hub, the province has attracted investment in wind and solar power plants, with total capacity already reaching 2,000 MW.
The vice chairman said Ninh Thuan would create the best conditions for Russian investors to explore business opportunities in the province to help boost the bilateral relationship between the two countries. — VNS