<article>India-based solar EPC firm <a href="https://www.dealstreetasia.com/tag/Sterling-and-Wilson/">Sterling and Wilson</a> has announced its plan to construct 300 MW of solar photovoltaic plants in Vietnam by June 2019 with an expected total investment of $250 million.
In a statement, Sterling and Wilson said that it is in advanced discussions with local leading developers. Once constructed, these projects will generate 270 million units annually and reduce CO2 emissions of 250,000 tons per annum.</article>

India-based solar EPC firm <a href="https://www.dealstreetasia.com/tag/Sterling-and-Wilson/">Sterling and Wilson</a> has announced its plan to construct 300 MW of solar photovoltaic plants in Vietnam by June 2019 with an expected total investment of $250 million.
In a statement, Sterling and Wilson said that it is in advanced discussions with local leading developers. Once constructed, these projects will generate 270 million units annually and reduce CO2 emissions of 250,000 tons per annum.
The solar EPC firm has plans to generate employment for nearly 600-700 people during construction and 50 people during the maintenance phase of 20 years.
“Vietnam is one of the fastest growing economies in the world with nearly 8-10 per cent annual increase in power consumption by industries who are the largest consumers of electricity in the country,” said Bikesh Ogra, CEO of Renewable Energy and Energy Storage at Sterling and Wilson.
“Government is aiming at 0.8 GW of solar power by 2020 which the experts feel has a potential of 7 GW of solar projects in present conditions. We are closely working with leading developers to join the larger aim of bringing affordable and clean energy to Vietnamese,” he added.
Sterling and Wilson is one of the leading solar EPC players globally. In Southeast Asia, the company has already commissioned a 50 MW project in the Philippines and is close to commissioning a 60 MW project in Bangladesh.
Last month, Vietnamese electricity company Gia Lai Electricity JSC signed a 5 billion yen ($47.4 million) deal with Japanese engineering company JGC to design and build a mega-solar power generation plant.
AC Energy, the energy sector business arm of the Philippines’ largest conglomerate Ayala Group, earlier also announced it is investing in Vietnam’s solar power industry through a partnership with BIM Group to jointly develop over 300 megawatts (MW) of solar power projects in the Ninh Thuan province.
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Sterling and Wilson said it is in advanced discussions with local developers for the projects that entail a total investment of $250 million.

Sterling and Wilson plans 300 MW solar projects in Vietnam

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Sterling and Wilson plans 300 MW solar projects in Vietnam

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