Tai Tam Group JSC and Tai Tam Quang Tri Energy Investment One Member Co., Ltd. have been approved as investors for the Ia Blu 1 Wind Power Plant, Phase 2 project in Gia Lai province, Vietnam. The project represents an investment of approximately VND1.85 trillion (USD70.1 million) and supports the company’s strategy to expand its renewable energy portfolio.
The Ia Blu 1 Wind Power Plant – Phase 2 project will have an installed capacity of 42 MW and is expected to generate approximately 120 million kWh annually. The project will occupy around 24.7 hectares in Ia Le commune, with infrastructure including wind turbine foundations, crane pads, underground cable systems and internal access roads. According to the planned timeline, feasibility studies, power purchase agreement negotiations, land clearance and regulatory procedures will take place between June and October 2026, with construction expected to begin in November 2026 and commercial operations targeted for February 2028.
The development forms part of broader renewable energy expansion efforts in Gia Lai province, where authorities are accelerating investments across wind, solar, hydropower, biomass and waste-to-energy projects. The province aims to attract investments into 110 energy projects with a combined capacity of 5,581 MW and total investment of approximately VND198.16 trillion by 2030 as part of regional industrial and energy development plans.