On August 27, 2016, Trung Nam Wind Power Joint Stock Company – a member of Trungnam Group and an investor in the "Trung Nam Wind Power Plant" project - solemnly held the groundbreaking ceremony in Bac Phong and Loi Hai communes, Thuan Bac district, Ninh Thuan province.
Featuring 14 wind zones spanning nearly 8,000 hectares, Ninh Thuan stands as one of Vietnam's most promising provinces for wind energy development. During monsoon months, Ninh Thuan records South and Southeast wind ratios of up to 98%, with average speeds reaching 6–7 m/s at a height of 65m, creating ideal operating conditions for 2 – 3.5 MW wind turbines. Furthermore, surrounded by mountain ranges and plateaus, the region features strong, stable average wind speeds alongside low typhoon frequency. These natural elements form a strategic advantage for developing wind power projects.
Accordingly, Trung Nam Wind Power Joint Stock Company (Trungnam Wind Power) conducted research, planning, and investment in the Trung Nam Wind Power Plant project, with a total capacity of 151.95 MW. The facility will be constructed entirely new across Bac Phong and Loi Hai communes (Ninh Thuan province).
With this wind power yield, the project will connect directly to the national grid to supplement power supply for Ninh Thuan province and the country. Beyond maximizing natural potential, the project assists local communities in accessing clean energy equipped with advanced technical solutions. Simultaneously, the investment supports the Government-encouraged utilization of renewable energy, helping to reduce environmental pollution and greenhouse gas emissions associated with fossil fuels.
On the same day, at the Ninh Thuan Investment Promotion Conference witnessed by Prime Minister Nguyen Xuan Phuc, a credit agreement for the Trung Nam Wind Power Plant project was signed between Mr. Tran Duc Xuyen – Director and Representative of Trung Nam Wind Power Joint Stock Company – and Mr. Bui Hai Duong – Director of Transaction Center II of the Vietnam Development Bank (VDB). Under the agreement, VDB committed to providing credit financing for Trung Nam Wind Power Joint Stock Company to execute the wind power investment in Ninh Thuan, representing one of the landmark contracts signed during the event.