Under recently-issued Decision No.1955/QĐ-UBND, the People's Committee of the south central province of Binh Binh  approved the investment policy for the Van Canh Binh Dinh wind powerplant, with a bidding process for selecting an investor to follow.

Accordingly, the projected powerplant will have a design capacity of 143 megawatt and an annual power output of 391.8 million kWh.

The project is slated to cover nearly 50 hectares of land at Canh Lien commune, Van Canh district.

To facilitate national grid connection, the project includes the construction of a 110 kV step-up substation at the plant with a total capacity of (2x63 + 1x40) MVA, as well as a 26-kilometer double-circuit 110 kV transmission line connecting to the existing Van Canh 110 kV substation.

The total investment capital for the project is estimated at over VND5.7 trillion (more than $218 million). Of this amount, VND24.7 billion ($947,449) will be allocated for compensation, support, and resettlement, with the remainder covering construction costs. The project will be implemented over a three-year period, starting from the date the investor is officially recognized. It will operate under a 50-year license.

The project is designed to supply clean, renewable energy to the national grid, contributing to national energy security and ensuring sufficient power to meet Binh Dinh province’s socio-economic development needs. It is also expected to reduce transmission losses and increase grid efficiency.

In addition to its environmental and energy contributions, the project is forecast to generate budget revenue for the local government, boost the industrial output value, and stimulate economic development in Van Canh district. It is also expected to create local jobs and support Binh Dinh’s goal of achieving double-digit economic growth in the coming years.

According to provincial authorities, the investor must complete the required procedures for aeronautical height clearance, as the structures will exceed 45 meters above natural ground level. Furthermore, the investor is prohibited from using natural forest land, defense land, or land designated for residential development during project implementation.

In addition to the Van Canh wind power plant, another major wind power project drawing significant attention is the Hon Trau offshore wind power project, which is currently under study by Germany’s PNE Group, with a projected capacity of up to 2,000 megawatts, and a projected investment of $4.6 billion. It is located in Phu Cat district, Binh Dinh province.