Phase 1 of our project has put into operation three turbines with a capacity of 2,625 MW/turbine and a total investment capital is US$15 million. 

The time to complete the legal procedures for the wind power plant project is about 3 years, but with the Dam Nai power plant project, the company have completed application for approval of the project within 11 months, construction time is 3 months, and we have put the project into commercial operation in October 2017. Although the time to complete the project is very short, our joint venture is The Blue Circle and TSV has mobilized the resources, completed all the legal procedures to implement the project quickly, determined put into the first commercial operation in Ninh Thuan.

This is the initial success, showing the ability and determination of investors as well as the support and drastic guidance of leaders of the provincial Party Committee, provincial People's Committee and provincial departments; the effective support of people in the project area in the compensation and clearance
Up to now, the Dam Nai power plant project is the first wind power plant project and also the fastest implementation in Ninh Thuan. GIZ and its foreign partners, working with TSV, commented that no such project in the world has made such rapid progress. International financial organizations highly appreciate our joint venture and consider this a model for international cooperation to invest in the development of renewable energy projects in Vietnam.

After putting into operation, the output of commercial electricity in the first few months shows that although the efficiency is not high, the indicators are included in our initial calculations. In phase 2 construction with 12 turbines, the total capacity of phase 2 is 30MW and total investment is about US$60 million. TSV continue to use the turbine type of 2,625 MW and are expected to be put into commercial operation in November 2018, providing 110 million kWh annually for the national power grid.

After the second phase, TSV will build an expanded area with a total capacity of 105 MW, with a total investment of USD 180,000,000, providing 330 million kWh annually to the national power grid.

Particularly with the Dam Nai wind power plant project, when completing 105kw, Ninh Thuan province's VAT is only VND8- 10 billion per month and about VND100 billion per year. If there are 10 such projects in Ninh Thuan, VAT is collected at VND1,000 billion per year, which is a big amount. In addition, the province will collect other taxes.

About the values that people can benefit from the project, the former Dam Nai area without a project, transport is limited. Inner field roads are very small, so people travel and transport agricultural products mainly by motorcycles and rough plows. Now, when TSV embark on the project has made an 8m wide road to transport super heavy vehicles can come to the project. This road after completion of the project TSV will hand over to the province management to help people travel and transport of agricultural products very convenient.

At present, the households do not have a rice drying yard, the province has not found a suitable location to plan the rice drying area for the people in the area. The project has about 40 yards to crane and gathering equipment, after the project is completed will have created about 40 rice drying yards, is poured concrete, area of nearly 2000 m2 / yard, the company will give local authorities and relatives in the area to borrow the crane to dry rice field. Local government will save a huge amount of money to invest in constructing rice drying area for the households.

For the compensation work, we are always listening to the opinions of the people and settling in the harmony of the interests of the parties. For families with small area of 200 m2 or less are not included in the clearance area, we can provide reasonable support. TSV will continue to support, the same with the local in social security, support students, students of the district, the province.

In terms of environmental issues, the projects are implemented in accordance with the world's environmental standards with very close monitoring by local governments and international environmental monitoring organizations.

This year, TSV will try to complete and put the following projects into commercial operation: Dam Nai wind power plant project - Phase 2; Wind power project in Phuoc Minh - 27.3 MW; Adani Phuoc Minh Solar Power Project - 50 MW; At the same time, continue to complete the license for the expansion phase of the wind power project Dam. Invest in other wind power projects in Ninh Thuan, including projects that other investors do not deploy.

TSV has also invested in many provinces in the south of Laos and Cambodia and set a target of about 500 MW of wind power and solar power in Vietnam and around 200 MW in Laos and Cambodia in the next three years.
N.Nga