In addition, in the event that the Nexif Energy Khanh Hoa 1 Wind Power Plant project is eligible for approval in principle and Nexif Ratch Energy Group is selected as the investor, the Department will provide specific guidance and facilitate the process of implementing procedures as prescribed.
Signing ceremony on November 26th. Photo: Khanh Hoa Newspaper
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The Memorandum aims to support Nexif Ratch Energy in implementing its investment proposal for a wind power plant with a total installed capacity of approximately 102MW and an expected output of 312,500MWh/year to provide clean energy to the national grid. The investment in this project aims to meet the important goal of supplementing the national power supply, ensuring energy security for Vietnam, and contributing to the province of Khanh Hoa’s efforts in fulfilling its assigned tasks and solutions under the Power Development Plan 8.
According to Mr. Cyril Dissescou, CEO of Nexif Ratch Energy, this is a significant step forward in their journey to explore investment opportunities for onshore wind power projects in Khanh Son and Cam Lam districts. The Memorandum of Understanding establishes a partnership that will expedite the permitting process for the Nexif Energy Khanh Hoa 1 Wind Power Plant project.
Nexif Ratch Energy SE Asia Pte. Ltd. is a leading independent clean energy developer in Asia-Pacific, a joint venture between two large corporations, Nexif Energy and Ratch Group.
Nexif Energy, established in 2010 and headquartered in Singapore, has developed and operated a range of energy and infrastructure projects in Australia, South Asia, and Southeast Asia. The group is a leading producer of gas and renewable energy, with a portfolio of approximately 3 GW in capacity across development, construction, acquisition, and operation.
Ratch Group, a Thai corporation founded in 2000, specializes in energy and infrastructure investments. Ratch Group’s power plants are operational in several countries, including Thailand, Australia, Laos, Indonesia, Vietnam, Japan, and the Philippines. Their managed portfolio includes approximately 10.8 GW of power generation capacity, with 27% derived from renewable sources.
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