Điện Biên surveyed by investors

Intracom Group and Euro Blue Power Group meet leaders of Điện Biên Province for some storage hydropower projects in the province. — Photo courtesy of the firm

HÀ NỘI — Intracom Group and French Euro Blue Power Group worked with leaders of Điện Biên Province on field surveys and investment research for hydropower storage projects.

Nguyễn Thanh Việt, chairman of Intracom appreciated the potential the locality has and proposed to invest in three energy projects.

During the meeting last week, leaders of the northern province said they would create favorable conditions for Intracom Group to survey project investment.

The Intracom chairman told the meeting that along with the strong development of other advanced forms of renewable energy, a model of combining stored hydroelectricity with wind and solar power projects has been developed in the world.

He said: “With the research and investment of these three storage hydropower projects, Điện Biên Province and Intracom Group expect to create many jobs for workers, contribute to the stability and development of national energy security, and at the same time contribute to promoting socio-economic development of Điện Biên.”

Intracom Group is a multi-industry investment enterprise in Việt Nam, working in the fields of renewable energy, agriculture, environment, healthcare and real estate while Euro Blue Power Group is a multi-field investment group operating especially strongly in the field of green and renewable energy in France, Chile, Madagascar. — VnExpress News