June 16, 2023 | 17:30 GMT+7

HCMC offshore wind power project may be added to power development plan

Proposal made for 6,000-MW Can Gio project to be part of planning.

The Ho Chi Minh City Department of Industry and Trade has proposed adding the Can Gio offshore wind power project to the National Power Development Plan for 2021-2030 with a vision to 2050.

The project is designed to have a total capacity of 6,000 MW.

Construction is divided into four phases, from 2031 to 2040.

The project’s capacity is to reach 2,000 MW in the first phase from 2031-2035 for electricity generation, a further 1,000 MW in the second phase in 2035 for hydrogen production, 2,000 MW in the third phase in 2036-2040 for electricity generation, and 1,000 MW in the fourth phase for hydrogen production.

Total investment is estimated at over VND313.3 trillion ($13.2 billion).

The project will be implemented by a joint venture between Vietnam’s Asia Petroleum Energy Corporation (Asiapetro) and Japan’s Tokyo Gas Company Limited and Shizen Energy Group.

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