PCC1 signed EPC contracts for Phuoc Thai 1 Solar Power Project and Dai Phong Wind Power Project

PC1 News
11.09.2019

On September 10, 2019, at the Headquarter of AMECC Mechanical Construction Joint Stock Company, Power Construction Joint Stock Company No. 1 has officially signed the contract package No. 04: Design, supply goods and construction (EPC) of Phuoc Thai 1 Solar Power Plant Project (Phuoc Thai commune, Ninh Phuoc district, Ninh Thuan province) with total contract value of up to 143.6 billion.

The package belongs to Phuoc Thai 1 Solar Power Project, which is invested by Hydropower Management Board No. 5 – EVN Branch, is constructed to provide power and satisfy the increasing demand of central and southern regions, increase green energy sources, reduce greenhouse gas emissions, contribute to ensuring electricity supply for the country’s socio-economic development. Moreover, with the advantage of using clean energy to produce electricity, no greenhouse gas emissions, no environmental pollution, the investment in the construction of Phuoc Thai Solar Power Project is consistent with the development strategy for renewable sources of energy of Vietnam which has been approved and directed by Prime Minister.

Phuoc Thai 1 Solar Power Plant Project (50MWp) is a project using own capital and domestic commercial loan of Vietnam Electricity. The project has a total investment of over 1,112 billion dong.

Earlier on August 26, 2019, Power Construction Joint Stock Company No. 1 officially signed the contract for package E03 – Procurement and Construction contract of Dai Phong wind power plant project (Phan Thiet city) with a total contract value of up to 109.2 billion.

The package of Dai Phong Wind Power Plant Project, which is invested by Dai Phong Development Investment Joint Stock Company, Binh Thuan Branch, is designed to develop wind power in Binh Thuan province, contribute to ensuring national energy security as well as promote local socio-economic development. Phase 1 of the Dai Phong Wind Power Plant project has capacity of 20 MW, investment capital of VND 660 billion and is expected to be constructed and put into operation in the fourth quarter of 2019. Particularly, the second phase of the project also has capacity of 20 MW, investment capital of VND 660 billion and will be implemented by Dai Phong Development Investment Joint Stock Company when conditions permit.

With extensive experience in implementing key projects and ownership of machinery and equipment system appling modern technology, representative of the investor highly appreciates the capacity of PCC1 in implementing important national electricity transmission projects and believes that PCC1 would successfully complete the implementation plan set by the Investor.

Determining construction and installation of power transmission works as the core sector, PCC1 firmly affirms its leading capability in construction of power transmission works, especially EPC, PC general contractors and projects with high specificity.