Novawind developing project in Vietnam of at least 500 MW, 150 MW in Kyrgyzstan

ST. PETERSBURG. June 16 (Interfax) - Novawind, the renewable energy division of Rosatom, is expecting to build at least 500 MW of capacity in Vietnam, the head of the company, Grigory Nazarov, told reporters on the sidelines of St. Petersburg Economic Forum on Thursday.

"Literally today we signed [an agreement] on Myanmar. This year we are opening a rep office in Vietnam, where a new stage of the renewable energy support program has also started. And, we expect that in Central Asia, Kazakhstan and Kyrgyzstan, we will also be implementing projects," he said, commenting on plans for overseas projects.

Answering a question about the plans for capacities in these countries, he said that for Kazakhstan, "it is too early to say anything", and in Kyrgyzstan "a 150 MW project for is being developed."

"In Vietnam, we have global plans, at least 500 MW, and we expect we can form a portfolio in this market," Nazarov said.

Earlier, Nazarov, in an interview with Vestnik Atomprom magazine, said that Novawind's task in 2023 is to enter into its first foreign contract.

During the SPIEF, Rosatom announced that it plans to build wind farms in Myanmar with a capacity of 172 MW and 200 MW. The memorandum on the start of feasibility studies was signed by Novawind, Myanmar's Ministry of Electrification and Primus Advanced Technologies Ltd.