Nam Chien 2 Hydropower Project

The project’s purpose is to generate hydroelectricity from the Chien stream - a clean and renewable source to supply to the national grid via a Power Purchase Agreement (PPA) signed with the Electricity Corporation of Vietnam (EVN). The project's installed capacity and estimated annual gross power generation is 32 MW and 131,730 MWh, respectively. The net electricity generated (with an estimated annual volume of 130,413 MWh) will be supplied to the national grid via a newly constructed 110kV transmission line with a length of 6.0 km. The baseline scenario of the project activity is the same as the scenario existing prior to the start of implementation of the project activity. The project activity will generate renewable power with negligible GHG emissions, which will displace part of the electricity otherwise supplied by fossil fuel fired power plants. The project involves construction of a reservoir with an area of 26.7 ha and a power density of 119.85 W/m2, accordingly. As the power density of this project is above 10 W/m2, GHG emissions from the reservoir need not to be accounted in the project activity. Thus, this project activity generates GHG emission reductions up to a total expected CO2 emission reduction of 465,941 tCO2 over the first crediting period of 7 years.

The project is paving the way for a clean and sustainable future for Vietnam. Not only does it reduce dependence on fossil fuels and slash harmful greenhouse gas emissions, it provides sustainable jobs for local workers and the necessary training to enhance useful, long-term skills. This increases much-needed energy security for this fast-developing country and creates green growth, promoting an inclusive and profitable climate transition.