Vietnam: Will be a Solar PV Project on Reservoir of Thac Ba Hydropower Plant

Vietnam: Will be a Solar PV Project on Reservoir of Thac Ba Hydropower Plant

Yen Bai provincial people's committee (PPC) and relevant departments, and
SOLKISS Company Ltd (Korea) have had a working meeting on preparing a Solar
PV Project on Reservoir of Thac Ba Hydropower Plant.

At the meeting, Yen Bai PPC committed that beside the general national
policies, the province will provide SOLKISS with the loacal incentive
mechanisms for project development, it also asked SOKISS to have particular
attention to the appraisal of the project and electricity prices, and
carefully to survey natural condition, light intensity, depth and water
level change of Thac Ba reservior.

Regarding technical connection with national power system and transportation
infrastructure, Yen Bai province will coordinate with Electricity of Vietnam
and concerning agencies to resolve.

Especially, Yen Bai province asked SOLKISS to clarify the issues related to
the ability for project consultancy, construction, management and financial
capacity of the investor; technology, average generation, environmental
impact and combining landscape with tourism of the project, and creating
jobs and contributing revenues for the local budget.

Yen Bai province will establish a working group to support and guide SOLKISS
about investment preparing procedures, studying specific support mechanism
proposals for the project. In particular Yen Bai will support investor in
electricity prices calculating method and appraisal in Vietnam.

Previously, on January 6, 2017 Yen Bai PPC held an Investment Promotion
Conference in Seoul, Korea with a topic "Yen Bai: Development Potential and
Investment Opportunity". At the conference Yen Bai PPC and SOLKISS signed
MOU on investing a renewable energy project in Yen Bai province.

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Link to Original Article:
http://nangluongvietnam.vn/news/en/nuclear-renewable/will-be-a-solar-pv-proj
ect-on-reservoir-of-thac-ba-hydropower-plant.html

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com