Located in Hoa My Tay Hamlet, Tay Hoa Ward, Phu Yen Province, it was invested by NBB. Project scale: The capacity of installing machine is 8MW and the average power quantity is 31,9 X106 Kwh/year. The total estimated investment is 168 billion Dong. NBB financed 100% capital. The estimated time of completion will be in 2010, the duration of business operation is 30 years from 2011. Beak-even period lasts 13 years. As of 31/12/2008: The main works of the project are being carried out.