ASEAN Energy JSC plans to build a 200ha-solar power plant, expected to cost US$1 billion, in the Mekong Delta province of Hau Giang. — Photo greenoption.in

The ASEAN Energy Joint Stock Co has said it plans to construct a 200ha-solar power plant, expected to cost US$1 billion, in the Mekong Delta province of Hau Giang, Vietnam News Agency reports.

The company is now surveying possible locations for the project in the three communes of Hoa An, Vinh Tuong and Vinh Vien, its director Ta Xuan Thang told provincial leaders during a working session held on Thursday.

Thang said his company will start the plant’s construction immediately after receiving approval from the provincial authorities so that the plant can be put into operation in 2019.

Vice chairman of Hau Giang People’s Committee Truong Canh Tuyen vowed to facilitate the construction development of the solar power plant, saying that optimal incentives in terms of land rental, cooperate income tax and vocational training will be also included.

Till date, four investors have proposed to build solar power plants in the province with total investment capital of up to dozens of trillions of dong. However, none of the projects has been launched yet. — VNS