Ninh Thuan province invites investment in Phuoc Dan wind power project

The Phuoc Dan wind power project is expected to be developed on an area of 965 ha in Phuoc Hau, Phuoc Dan, Phuoc Huu and Phuoc Thai communes, Ninh Phuoc district, Ninh Thuan province. The project construction is expected during 36 months and operation life time of 50 years from the date of deciding investment policy.

Ninh Thuan province requires the criteria for selecting investors to have legal status and appropriate capacity to implement the project with a priority for the investors which have an experience to implement a renewable energy project or hydropower project.

Regarding financial capacity, the consideration of financial capacity of investors is carried out on basis of the report on financial capacity explanation of investors with the attached documents proving the owners' equity (financial statements in the last 2 years and have been audited with confirming the account balance of the bank...) and the ability of investors to mobilize capital (with a commitment of the bank that finances the project).

In addition, the investors must have the own capital for implementing the project not less than 20% of the total project investment. The investors also have to ensure the ability to mobilize capital to implement project from the credit institutions, foreign bank branches, other organizations and individuals.

Priority is given to select investors with a higher rate of own capital and proving the ability to mobilize capital to implement the project.

Deadline for submitting documents as before 17:00 on 09/5/2019.

VietnamEnergy.vn