Vietnam-based Fico JSC gets approval to build two wind power plants in Nhon Hoi EZ

They are set to be completed by 2021.

Vietnam-based construction firm Fico JSC has been given initial approval by Binh Dinh Economic Zone (EZ) Authority to develop two wind power plants in the Nhon Hoi EZ, according to a report by Vietnam News.

The first Nhon Hoi wind power plant will have a capacity of 30MW annually, and is expected to cost more than $56.7m (VND1.32t) to build, according to the provincial portal.

The second Nhon Hoi wind power plant, on the other hand, is estimated to cost nearly $54m (VND1.25t).

The two plants are expected to be completed in September 2021.

In 2019, the central province of Binh Dinh granted investment licences to 10 projects in the Nhon Hoi EZ.