PROJECTS IN VIETNAM

Cong Hai wind project with installed capacity of 66MW is being developed in the province of Ninh Thuan, southern Vietnam. In May 2007, Greta Energy registered its subsidiary company and received investment license to commence the development of the project. Wind has been measured at four potentials locations since August 2007. Currently, feasibility study and basic design of the wind farm is being prepared for land allocation and negotiations on the PPA.