GIA LAI, Vietnam, Sept. 09, 2025 — Nexif Ratch Energy, a prominent renewable energy developer in Southeast Asia, has expanded its Vietnam project portfolio following the official award of the Investment Certificate for its 143MW Van Canh Wind Power Project. The certificate was presented during the Gia Lai Investment Conference, an event attended by senior central and provincial leaders, including Mr. Ho Quoc Dung, Secretary of the Gia Lai Provincial Party Committee.
NRE was selected as the developer of the project, having successfully fulfilled the Province’s requirements through a formal evaluation process that assessed its development qualifications and proposed plan.
Located within Canh Lien commune, the project is slated to feature up to 26 wind turbines. With an investment of VND 5.7 trillion (US$ 216 million), it is expected to generate approximately 392 million kWh of energy annually upon its commissioning in 2028. This endeavor showcases Nexif Ratch’s capacity to harness Vietnam’s rich renewable resources, providing sustainable energy to communities and industries.
The project forms an integral part of Vietnam’s Power Development Plan VIII (Decision No. 1682, 2024). The Investment Certificate award follows Nexif Ratch’s ongoing collaboration with provincial authorities, comprehensive wind assessments, and the signing of a Memorandum of Understanding in March 2024.
, CEO of Nexif Ratch Energy, stated: “Being officially selected as the Investor for the Van Canh Wind Power Project marks a significant advancement for us. We highly appreciate the clear coordination from the provincial authorities and are now concentrating on completing the remaining permitting, technical studies, and land-related milestones to initiate construction in early 2027.”
, Chairman of the Development Committee of Nexif Ratch Energy commented, “This award underscores the strengths and agility of our local development team, who have expertly navigated evolving regulatory requirements and government restructuring to secure the project. It demonstrates that our platform is performing robustly and consistently delivering on our commitment to developing transformative renewable energy projects.”
The Van Canh Wind Power Project exemplifies Nexif Ratch Energy’s strategy of identifying and developing transformative renewable energy projects in Vietnam, thereby supporting the country’s green energy ambitions.
About
Nexif Ratch Energy is a leading renewable energy company focused on the development, acquisition, construction, and operation of clean-energy projects across the Asia Pacific region. Headquartered in Singapore with regional offices in Vietnam, the Philippines, and Thailand, the company’s portfolio encompasses 378 MW of operational, under-construction, and shovel-ready hydro, solar, and wind energy assets. Additionally, Nexif Ratch Energy possesses a development pipeline totaling 2.5 GW across wind, solar, and energy storage projects.
Nexif Ratch Energy is jointly owned by (Singapore) with a 51% stake and (Thailand) with a 49% stake.
For Media Inquiries:
Chariya Poopisit, Nexif Ratch Energy
communications@nexifratch.com
