The India-invested company commenced construction of the factory in 2015 in the mountainous district of Son Hoa after its sugar plant in the locality raised capacity to 8,000 tonnes of sugarcane per day.
The power plant, fuelled by bagasse, the pulp remaining after sugar extraction, has a design capacity of 60 MW and a total investment of nearly VND1.3 trillion (US$57.1 million).
The first phase of the project has been completed with a capacity of 30 MW and it is able to generate over 70 million kWh of electricity annually.
The company is carrying out the second phase of the power plan along with raising the capacity of the sugarcane processing plant to 10,000 tonnes per day.
Director General of the KCP Vietnam Industries Limited, K.V.S.R Subbaiah said the company also hopes to invest in processing side products of sugar production such as alcohol and microbiological fertiliser.
