The Department of Finance of Gia Lai province in central Vietnam has granted an Investment Registration Certificate for Nexif Ratch Energy, a leading Southeast Asian renewable energy developer from Singapore,  to invest in the Van Canh Binh Dinh Wind Power Plant project,  with a total investment of over VND5.7 trillion (nearly $216 million),

The project is located in Canh Lien commune, Gia Lai province (formerly part of Van Canh district in the former province of Binh Dinh, which is now part of Gia Lai province), on an area of nearly 49 hectares.

The project's operation term is 50 years from the date of the land lease decision. According to the investment registration certificate, the project has a designed capacity of 143MW and an average electricity output of approximately 391.8 million kWh per year.

The project is expected to be completed and officially put into commercial operation by 2028.