Dutch firm Harvest Waste B.V is planning to build a VND3 trillion ($122.3 million) waste-to-power plant in the southern coastal province of Ba Ria-Vung Tau.
The project was mentioned by the company’s CEO, Evert Lichtenbelt, at a Wednesday meeting with Ba Ria-Vung Tau chairman Nguyen Van Tho.
He said his company has implemented waste-to-power projects in the Netherlands, Egypt, India, Indonesia, Nigeria, Pakistan, the Philippines and other countries.
The project will use modern technology to achieve lower costs and higher energy output, meeting the province’s policy of attracting investments in using waste to generate power, Lichtenbelt said.
The project aims to sustainably process at least 1,000 tons of waste daily, generating 25 MW of electricity that will be sold to state utility Vietnam Electricity (EVN). It offers a waste processing solution at half the cost that it takes for Ba Ria-Vung Tau to bury waste, as it does now, he added.
Welcoming the investment, Tho said Ba Ria-Vung Tau would facilitate the project and directed the provincial Department of Planning and Investment to help the firm with completing administrative procedures.