EPCO to Recognize Higher Revenue in 2H after the COD of 99MW of XT1 and XT2 Solar Farms
EPCO has announced the initiation of commercial operation of its solar farms; XT1 and XT2, with a combined capacity of 99.216 MW.
Eastern Printing Public Company Limited (EPCO) has announced the initiation of commercial operation of its solar farms; XT1 and XT2, with a combined capacity of 99.216 MW on June 10 and June 11, respectively and will realize additional revenue from the new solar power project from now onwards.
EPCO has invested in several Solar Farms at Socialist Republic of Vietnam 2 solar farms, namely XT1 and XT2 power projects, with combined capacity of 99.216 MW at Phu Yen province, Socialist Republic of Vietnam.
XT1 and XT2 have Power Purchase Agreements (PPA) with Electricity of Vietnam (EVN) for 20 years at FIT Rate of USD 0.0935 per kilowatt-hour. In the shareholding proportion of 65.00% respectively (held indirectly through Phu Khanh Solar Power Joints Stock Company “PKS”)