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NMDC Group signs an MoU with Vingroup to develop wind projects
NMDC Group has signed a memorandum of understanding with Vingroup to develop offshore wind in Vietnam.
The agreement is to develop the projects alongside other forms of renewable energy in the country.
The pair will undertake large-scale coastal protection and land reclamation projects employing advanced marine engineering solutions to promote environmental sustainability and enhance long-term coastal resilience, according to NMDC Dredging and Marine.
Abu-Dhabi-based NMDC Group offers marine dredging and EPC services.
Vingroup is a Vietnamese conglomerate headquartered in Hanoi, focusing on technology, industry, real estate development, retail and services from healthcare to hospitality. |