Singapore-based Nexif Ratch Energy SE Asia has committed to begin construction of the VND5.7 trillion (USD216.5 million) Van Canh Binh Dinh Wind Power Plant in Gia Lai Province, Vietnam, in November 2026, significantly ahead of its previously approved schedule of the first quarter of 2027. The project forms part of Vietnam’s broader renewable energy expansion under the revised Power Development Plan VIII.
The wind farm, located in Canh Lien Commune, will have an installed capacity of 143 MW and is expected to generate approximately 391.8 million kWh of electricity annually. Nexif Ratch Energy, a joint venture between Singapore-based Nexif Energy (51 per cent) and Thailand’s RATCH Group (49 per cent), identified the project as one of its key investments in Vietnam. The company already operates hydropower assets in Lao Cai and Khanh Hoa provinces and is developing additional wind energy projects across the country.
The Van Canh Binh Dinh project is part of a larger renewable energy pipeline in Gia Lai Province, where nearly 3,000 MW of wind, solar and hydropower projects are scheduled to begin construction in 2026. Wind power represents the largest segment, accounting for approximately 2,150 MW across 24 planned projects. Provincial authorities have accelerated investment approval processes and are encouraging developers to expedite implementation to support Vietnam’s renewable energy targets and strengthen regional power supply.