investment in wind power sector in vietnam

Presented by Central Wind Power Joint-Stock Company (CWP)

Investment in Wind power sector

in Vietnam

What do we need?

wind power development in Vietnam

Hanoi November 2009

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Wind power development in Vietnam

Hanoi November 2009

centralWIND POWER- JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Who we are?

Company Profile:

• Name: Central Wind Power Joint-Stock Company (CWP)

(Taken over all results of Wind power Research from 2001 from Vietnam Wind Power Joint-Stock Company)

• Add: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

• Tel. +84-56-382-2565; Fax. +84-56-381-5555

• E-mail: cenwindcohn@vnn.vn

● Capital: 100,000,000,000 VND

• Lines of business:

Investigating wind power potentiality; Investing, building power plants of different kinds, trading and selling power; Installing power projects; Building civil and industrial projects. Manufacturing and trading mechanical and machinery products; Trading in electrical materials and equipments.

• Investment certificate No: 35321000013

1st Certification: August 24th 2007

Wind power development in Vietnam

Hanoi November 2009

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

experiences:

Wind power development in Vietnam

Hanoi November 2009

Do son mast

Location: Do Son town, Hai Phong city

Height: 60 m

Equipments: NRG systems

Collected wind data from December 2002 to April 2004

1. Wind SPEED measurement:

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Wind power development in Vietnam

Hanoi November 2009

Pha rung mast

Location: Tam Hung commune, Thuy Nguyen district, Hai Phong city

Height: 60 m

Equipments: NRG systems

Collected wind data from May 2003-March 2005

experiences:

1. Wind SPEED measurement:

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Wind power development in Vietnam

Hanoi November 2009

Phuong Mai mast

Location: Phuong Mai peninsula, Phu Cat district, Quy Nhon city

Height: 60 m

Equipments: NRG systems

Collected wind data from December 2003 to November 2005

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

experiences:1. Wind SPEED measurement:

Wind power development in Vietnam

Hanoi November 2009

The master plan of Nhon Hoi economic zone

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Location

• Phuong Mai 3 wind farm is situated in a windy area in Nhon Hoi Economic Zone, Quy Nhon city, Binh Dinh province

• 30km to Quy Nhon Port • 30km to Phu Cat International Airport • Area 140 Ha

2. Wind farm development:

Phuong Mai 3 wind farm project

Wind power development in Vietnam

Hanoi November 2009

The master plan of Nhon Hoi economic zone

(Approved by PM of Vietnam on 14/06/2005 - Decision No 142/2005/QD-TTg)

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Wind power development in Vietnam

Hanoi November 2009

Monthly and Yearly average wind speed

(Extracted from December 2003 to November 2005 Data)

Month 1 2 3 4 5 6 7 8 9 10 11 12 Yearly

average

wind

speed

Speed

(m/s)

at 20m

5.4 5.9 4.7 3.5 3.2 4.1 3.6 4.2 3.8 6.6 8.1 9.5 5.2

Speed

(m/s)

at 40m

6.1 6.8 5.6 3.8 4.2 5.4 4.8 5.6 4.9 7.4 8.7 10.3 6.1

Speed

(m/s)

at 60m

6.2 7.0 5.8 4.5 4.5 6.1 5.3 6.5 5.3 7.6 8.9 10.5 6.5

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Phuong Mai 3 site

Vietnam Wind - power Joint - Stock companyHead office: 7th Floor, Green Park Hotel - 48 Tran Nhan Tong Str - Hanoi - Vietnam

Tel: (84.4) 943 4710 * Fax: (84.4) 943 4711 * Email: vwp@hn.vnn.vn * Website: www.vwp-jsc.com

Wind power development in Vietnam

Hanoi November 2009

centralWIND POWER- JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Phuong Mai 3 wind farm

Designed with 14

wind turbines

FL/1500 kW

(Fuhrlaender)

The Lay-out

Vietnam Wind - power Joint - Stock companyHead office: 7th Floor, Green Park Hotel - 48 Tran Nhan Tong Str - Hanoi - Vietnam

Tel: (84.4) 943 4710 * Fax: (84.4) 943 4711 * Email: vwp@hn.vnn.vn * Website: www.vwp-jsc.com

Wind power development in Vietnam

Hanoi November 2009

centralWIND POWER- JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

The annual power production of each wind turbinE

(Calculated with FL77/1500 KW)

Phuong Mai 3 wind farm

Turbine No Co-ordinate VN 2000X,Y(m)

Height[m a.s.l.]

Hub height[m a.g.l.]

Energy Result MW/Year]

(Wake losses)[%]

Turbine site 1 (606780.0,1540920.0) 1 85 3,938 4.16

Turbine site 2 (606970.0,1540762.0) 5 85 3,991 5.06

Turbine site 3 (607157.0,1540595.0) 6 85 4,009 6.19

Turbine site 4 (607297.0,1540392.0) 12 85 4,089 7.59

Turbine site 5 (607390.0,1540155.0) 12 85 4,030 9.96

Turbine site 6 (607479.0,1539921.0) 13 85 4,007 10.13

Turbine site 7 (607575.0,1539684.0) 12 85 4,071 9.6

Turbine site 8 (607703.6,1539399.0) 9 85 4,112 7.15

Turbine site 9 (606713.1,1540385.0) 3 85 3,784 10.81

Turbine site 10 (606880.0,1540110.0) 10 85 3,904 10.94

Turbine site 11 (607032.2,1539774.0) 5 85 3,829 11.09

Turbine site 12 (606817.3,1539226.0) 5 85 3,989 7.68

Turbine site 13 (607167.8,1539479.0) 12 85 3,922 11.72

Turbine site 14 (607351.2,1539200.0) 14 85 3,923 10.62

Wind power development in Vietnam

Hanoi November 2009

centralWIND POWER- JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Phuong Mai 3 wind farm

annual gross power production

(Calculated with 14 FL/1500kW)

Wind turbine Quantity Capacity(MW)

Gross production(KWh/Year)

Efficiency(%)

1500KW 14 21 60,963,000 91.2

Turbine Gross Production(KWh)

Wake losses Net Production(KWh)

1500kW 60,963,000 8.8% 55,597,000

annual net power production

Wind power development in Vietnam

Hanoi November 2009

centralWIND POWER- JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Phuong Mai 3 wind farm

Environment Impact

carbon dioxide reduction:

● Annual power out-put: 55.597.000 kWh.

● Emission coefficient: cm = 0.6855 (kg-CO2/kWh).

● Annual emission’s reduction: 38.111.000 (kg-CO2)

± 38.000 t-CO2/Year

Wind power development in Vietnam

Hanoi November 2009

centralWIND POWER- JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Phuong Mai 3 wind farm

Economic-Financial analysis

● Capacity: 21 MW●Total estimated investment: 40,000,000 USD

● The production cost: 08 US cent/kWh

● Buying price proposed by EVN: 1998: 04 US cent/KWh

2000: 04 US cent/KWh

2006: 04 US cent/KWh

(Official document 4227/CV-

EVN-KH, dated 16th August 2006)

2007: 04 US cent/KWh

(Official document 5218/CV-

EVN-KH, dated 03rd October 2007)

● Conclusion: Unrealizable (Without a subsidy) !!!

Vietnam Wind - power Joint - Stock companyHead office: 7th Floor, Green Park Hotel - 48 Tran Nhan Tong Str - Hanoi - Vietnam

Tel: (84.4) 943 4710 * Fax: (84.4) 943 4711 * Email: vwp@hn.vnn.vn * Website: www.vwp-jsc.com

Request 1

Power selling price:

We need reasonable buying price accepted by EVNEVN is buying power with different prices:

Imported from China: 5.1 US cent/kWh

Hiep Phuoc Power plant: 19 US cent/kWh

Cai Lan Power plant: 1871 VND/kWh (!0 US cent/kWh)

Can Don Power Plant: 4.5 US cent/kWh

InvestMENT in Wind energy sector

in Vietnam

What do we need?

wind power development in vietnam

Hanoi November 2009

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Vietnam Wind - power Joint - Stock companyHead office: 7th Floor, Green Park Hotel - 48 Tran Nhan Tong Str - Hanoi - Vietnam

Tel: (84.4) 943 4710 * Fax: (84.4) 943 4711 * Email: vwp@hn.vnn.vn * Website: www.vwp-jsc.com

Wind power development in Vietnam

Hanoi November 2009

centralWIND POWER- JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Request 2

Subsidy from Government:

If EVN insists the price of only 04 US cent/KWh,

then the subsidy, we need, at least 04 US cent/KWh.

Investing in Wind power sector

in Vietnam

What do we need?

Vietnam Wind - power Joint - Stock companyHead office: 7th Floor, Green Park Hotel - 48 Tran Nhan Tong Str - Hanoi - Vietnam

Tel: (84.4) 943 4710 * Fax: (84.4) 943 4711 * Email: vwp@hn.vnn.vn * Website: www.vwp-jsc.com

Wind power development in Vietnam

Hanoi November 2009

centralWIND POWER- JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Request 3:

The Vietnam Environment Preservation Fund should request

changes for subsidy procedure to Government:

“The Power Sale Agreement” is to be accepted (Instead of

“The Power Sale Contract”) as the foundation for Subsidy

Request Documents

Investing in Wind energy sector

in Vietnam

What do we need?

Vietnam Wind - power Joint - Stock companyHead office: 7th Floor, Green Park Hotel - 48 Tran Nhan Tong Str - Hanoi - Vietnam

Tel: (84.4) 943 4710 * Fax: (84.4) 943 4711 * Email: vwp@hn.vnn.vn * Website: www.vwp-jsc.com

wind power development in vietnam

Hanoi November 2009

central WIND POWER-JOINT STOCK COMPANYAdd: 31 Nguyen Cong Tru Road, Quy Nhon City, Binh Dinh province, Vietnam

Tel. +84-56-382-2565; Fax. +84-56-381-555;E-mail: cenwindcohn@vnn.vn

Thank you

for

your kind attention!