Tata Power Ltd from India proposed to implement a renewable energy project in the central province of Phu Yen, during a meeting with provincial leaders last week.

This was reported on the province’s website, phuyen.gov.vn.

At the meeting, Tran Huu The, vice-chairman of the provincial People’s Committee, spoke highly of Tata Power’s desire to invest in the region. Phu Yen is committed towards facilitating foreign investment, The said, expressing his confidence that the Indian firm would develop the renewable energy project successfully.

Tata Power Ltd, an affiliate of the Tata Group, is one of the leading businesses in India in the power sector. Earlier, the company was granted permission by the Government to build the Long Phu 2 thermal power plant, expected to cost US$2 billion, in the Cuu Long (Mekong) Delta province of Soc Trang. With a capacity of 1,320 MW, the Long Phu 2 plant is expected to become operational in December 2020. — VNS