RATCH Group Plc. (RATCH) announced that RH International (Singapore) Corporation Limited (RHIS) on December 4, an indirect subsidiary in which the company holds the entire share amount. Has signed a cooperation agreement to develop the Nexif Ben Tre Wind Farm project in the Socialist Republic of Vietnam with Nexif Energy Pte., Ltd. And received various related licenses There will be 50:50 percent of the joint venture, respectively.
The project is a wind turbine near the coast. 80 MW installed capacity (MW), located in Thanh Hai District, Thanh Phu District, Ben Tre Province in Vietnam. The project is currently under development. (Green-Field) and negotiate the main contract It is planned for commercial production in 2022 to supply electricity to the Vietnam Electricity Authority (EVN) according to a long-term power purchase agreement.