PM Phuc assures best possible support for Indian investors

Receiving Chief Executive Officer of Adani Green Limited Jayant Parimal, PM Phuc  hailed Adani’s investment in solar and wind energy projects in Ninh Tuan. 

Parimal, in turn, said Adani Green Limited with its strength in renewable energy and infrastructure development and agriculture, the firm desires to further expand business operations in Vietnam and is destined to develop 1,000MW of renewable power in the country. 

He thanked Vietnam’s authorised agencies and the People’s Committee of Ninh Thuan for swiftly issuing investment licences to the firm.

PM Phuc witnessed Chairman of the Ninh Thuan provincial People’s Committee Luu Xuan Vinh present an investment licence to the group to build a wind power plant in the locality.

The executive pledged to launch the project within the next 30 days and set a target of generating electricity by late 2018. 

Meeting Suzlon’s Chief Sales Officer Ishwar Mangal and Director of Emerging Markets Himanshoo Raj Khare, PM Phuc said Vietnam is willing to provide all possible support for Indian firms, including Suzlon, to run business in the country. 

The Vietnamese cabinet leader praised Suzlon’s wind power project for providing wind turbines and building a wind power accessories plant in Vietnam.

The firm is among the top 10 global renewable energy developers with highly-skilled staff, Suzlon executives told Phuc.

They also showed great interest in developing renewable energy in Vietnam with the most advanced technology in order generate at least 500MW of electricity, and their desire to receive support in the project. 

The same day, before their departure for the home country, the Vietnamese PM and his wife attended a banquet together with leaders of ASEAN member states hosted by the Indian PM in observance of the 69th anniversary of Republic Day of India.