On November 18, 2019, the Board of Directors of Gia Lai Electricity Joint Stock Company approved the policy on the investment in wind power project as follows:
Information on the project:
- Project: V.P.L Ben Tre Wind Power Plant
- Investor: VPL Energy Joint Stock Company
- Location: Thua Duc commune and Thoi Thuan commune, Binh Dai district, Ben Tre province
- Charter capita: VND200 billion
- Total investment (for the first phase): VND1,320 billion (not included VAT)
Investment plan:
- GEG will buy the shares from the owner of the project.
- Estimated owning ratio: 90%
- Estimated investment value: no more than VND77.256 billion.
- Assigning the CEO to negotiate to receive the remaining 10% stake with the same value above.