Hau Giang Bioenergy JSC and Power Engineering Consulting JSC 2 on Wednesday signed an engineering, procurement, and construction (EPC) contract for a 20 megawatt biomass energy project in Hau Giang province.
The former (HBE) is the investor while the latter (PECC2), listed on the Ho Chi Minh Stock Exchange as TV2, is the EPC contractor. Under the agreement, both committed to putting the project into commercial operation by late 2024.
The plant is designed to have two independent units, featuring two boilers, two turbines, and two generators, and joint facilities. It is equipped with a modern waste processing system matching regulated environmental standards. Input materials will be transported to the plant via a berth system providing access to ships of up to 300 tons.
Once operational, it can help the country reduce carbon emissions and utilise agricultural byproducts, delivering additional income to local farmers.
As the biggest husk-to-power plant in Vietnam, it is expected to diversify power sources and contribute to energy security in the Mekong Delta.
Rice hulls, or rice husks, are the hard protecting coverings of rice grains. Vietnam is one of the world's top producers and exporters of rice. Mekong Delta produces 54% of the country’s rice output and 90% of rice exports.