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The Government has approved an additional six solar power projects with a combined capacity of 850 MWp in Binh Phuoc, raising the total solar energy capacity of the southern province to the highest in the country.

The Director of Department of Industry and Trade of Binh Phuoc province Nguyen Anh Hoang had just a working meeting with a mission of the Malaysia Jaks Resources Berhad (JRB) group headed by Mr. Haris F.Abdullah – the Director, Representative of the group in Vietnam on investment in solar power projects in Binh Phuoc province.

In the morning of July 5th 2014, at Duc Hanh commune, Bu Gia Map District, Binh Phuoc Province, the Thac Mo Hydro Power JSC (Electricity of Vietnam-EVN) held a beginning ceremony on extension project of the Thac Mo Hydro Power Plant (HPP), increasing the capacity of the plant from 150 MW to 225 MW and complementing a 52 million kWh generation per year for the National Power System. Mr. Hoang Trung Hai, Deputy Prime Minister attended the ceremony and ordered to break ground for the project.

PV Oil – the wholly owned subsidiary of the state-run PetroVietnam – recently said it was considering negotiating with Itochu and Licogi 16 to buy out a 71 per cent stake in the joint venture to build an $80 million ethanol factory in the southern province of Binh Phuoc.