The plant, with a total investment of US$400 million and a capacity of 100MW is expected to generate electricity in early 2020. It will use around 500,000 tons of forestry residues and wood waste annually to generate electricity.
Chairman of Quang Binh provincial People’s Committee Nguyen Huu Hoai said the province will create the best possible conditions for Dohwa to implement the project.
Earlier this year, the province granted an investment licence for Dohwa Group to realise a wood pellets production project in Hon La industrial park. The project, which is valued at VND240 billion and will use materials from forest plantations, is expected to be operational late next year.
