{"id":9001,"date":"2025-04-24T11:33:07","date_gmt":"2025-04-24T06:03:07","guid":{"rendered":"https:\/\/nationalvani.com\/en\/?p=9001"},"modified":"2025-04-24T11:33:07","modified_gmt":"2025-04-24T06:03:07","slug":"nexif-ratch-energy-signs-amended-power-purchase-agreements-for-its-ben-tre-wind-power-project-accelerating-path-to-financial-close","status":"publish","type":"post","link":"https:\/\/nationalvani.com\/en\/nexif-ratch-energy-signs-amended-power-purchase-agreements-for-its-ben-tre-wind-power-project-accelerating-path-to-financial-close\/","title":{"rendered":"Nexif Ratch Energy Signs Amended Power Purchase Agreements for Its Ben Tre Wind Power Project, Accelerating Path to Financial Close"},"content":{"rendered":"<div class=\"natio-before-content\" style=\"margin-bottom: 12px;\" id=\"natio-2617042443\"><style>\r\n.ad {\r\ndisplay: block;\r\nmargin: 0 auto 12px;\r\nwidth: 100%;\r\nmax-width: 640px;\r\n}\r\n<\/style>\r\n<!-- <img class=\"ad\" src=\"\" alt=\"Ad\" \/> -->\r\n<img class=\"ad\" src=\"https:\/\/nationalvani.com\/wp-content\/uploads\/2026\/01\/Ad-GaneshJoshi.jpg\" alt=\"Ad\" \/>\r\n<img class=\"ad\" src=\"https:\/\/nationalvani.com\/wp-content\/uploads\/2026\/01\/Ad-NagarPalikaTehri.jpeg\" alt=\"Ad\" \/>\r\n<img class=\"ad\" src=\"https:\/\/nationalvani.com\/wp-content\/uploads\/2026\/01\/Ad-NagarNigamRishikesh.jpeg\" alt=\"Ad\" \/>\r\n<\/div><p style=\"text-align: justify;\"><span style=\"color: #000000;\">BEN TRE, Vietnamn :<a style=\"color: #000000;\" href=\"https:\/\/connect.notified.com\/Tracker?data=JTMfVP3iZNmHsEIGN2wOI5zbqU7ZJLepVC074j1wBJLQwufUvE0yHF8SiElaEYVcY_klPfMAac2LR84m938orbP6Kn0EzowNGE8qbo8Vqc4=000000000000\" target=\"_blank\" rel=\"nofollow noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/connect.notified.com\/Tracker?data%3DJTMfVP3iZNmHsEIGN2wOI5zbqU7ZJLepVC074j1wBJLQwufUvE0yHF8SiElaEYVcY_klPfMAac2LR84m938orbP6Kn0EzowNGE8qbo8Vqc4%3D000000000000&amp;source=gmail&amp;ust=1745553957545000&amp;usg=AOvVaw3GM8LKnWW5KeI256TxP_uK\"><u> Nexif Ratch Energy<\/u><\/a>\u00a0has reached a key milestone in the development of its 80MW\u00a0<a style=\"color: #000000;\" href=\"https:\/\/connect.notified.com\/Tracker?data=doj7yqQIUMrgSspKh1Mim0lXiR9qlBpIPbrFPJCRAkqseQlOfGzKpXVW2Op_qfc-Ras7op11pUPKGQzd9PV0kohpG9b5OIWh5rFX850Pd0KfJ2_S8HmM5RdvVstsynBHXKjbSqyaiDXoIS11OkYHxA==000000000000\" target=\"_blank\" rel=\"nofollow noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/connect.notified.com\/Tracker?data%3Ddoj7yqQIUMrgSspKh1Mim0lXiR9qlBpIPbrFPJCRAkqseQlOfGzKpXVW2Op_qfc-Ras7op11pUPKGQzd9PV0kohpG9b5OIWh5rFX850Pd0KfJ2_S8HmM5RdvVstsynBHXKjbSqyaiDXoIS11OkYHxA%3D%3D000000000000&amp;source=gmail&amp;ust=1745553957545000&amp;usg=AOvVaw0KYV-TWdPHIxPEkzWihwIK\"><u>Ben Tre Wind Power<\/u><\/a> Plant project, having successfully signed Amendment and Supplement Agreements to the original Power Purchase Agreements (PPAs) with Vietnam Electricity (EVN) on 18 April 2025. <\/span><span style=\"color: #000000;\">With the expiration of the Feed-in Tariff (FiT) regime in October 2021, the Vietnamese government actively worked to establish a new pricing mechanism that reflects lower renewable energy investment costs while continuing to attract long-term private investment.<\/span><\/p>\n<section>\n<article>\n<p style=\"text-align: justify;\" align=\"left\"><span style=\"color: #000000;\">In this context, Nexif Ratch Energy has worked diligently and collaboratively with all relevant authorities to agree on a revised tariff, positioning the project as one of the first transitional wind energy projects in Vietnam to sign a Power Purchase Agreement (PPA). The successful negotiations with EVN mark a breakthrough, reflecting strong cooperation among key stakeholders, including EVN and its subsidiary, Electricity Power Trading Company (EPTC).<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"left\"><span style=\"color: #000000;\">This achievement comes at a pivotal moment in Vietnam\u2019s renewable energy landscape, as the country continues to strengthen its regulatory framework and accelerate the transition to cleaner energy sources. The government has taken significant steps toward this goal through the enactment of new laws, decrees, and guidelines related to the power sector, and through the revision of Power Development Plan 8 (PDP8), which proposes ambitious new renewable energy targets \u2014 an additional 16.1GW of onshore and nearshore wind, and 27.9GW of utility-scale solar capacity by 2030. These efforts are intended to drive growth in the renewable energy sector while keeping Vietnam competitive in attracting investment in green infrastructure.<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"left\"><span style=\"color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/connect.notified.com\/Tracker?data=dtzXfgyCsOuNaTe2NPiycHH4dvgi15xnKbPOES409vtvxeI-jTYscCs_Iqj5EChvudqfHUrmkKHNpAEnVEWQGCHSexYfnpnW3LvcrBBSHvM2NK1FqADbbeEzAOIPw4M9000000000000\" target=\"_blank\" rel=\"nofollow noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/connect.notified.com\/Tracker?data%3DdtzXfgyCsOuNaTe2NPiycHH4dvgi15xnKbPOES409vtvxeI-jTYscCs_Iqj5EChvudqfHUrmkKHNpAEnVEWQGCHSexYfnpnW3LvcrBBSHvM2NK1FqADbbeEzAOIPw4M9000000000000&amp;source=gmail&amp;ust=1745553957545000&amp;usg=AOvVaw1epu2GoQ6K21z8MHMcNmm0\"><strong><u>Mr. Surender Singh<\/u><\/strong><\/a>, Chairman of the board of directors of Nexif Ratch Energy, commented, &#8220;We commend the Vietnamese government for its proactive efforts in driving the country\u2019s energy transition. Structural changes in the energy sector require a strong and coordinated approach between government, regulators, and, importantly, investors. As we have seen with the\u00a0<a style=\"color: #000000;\" href=\"https:\/\/connect.notified.com\/Tracker?data=JTMfVP3iZNmHsEIGN2wOI2unL7LCMGOgubWy8WcOHybpOmnpqw4WX1N5l3M4O66jqc7dYrUjS7CanIhjkBGkMjiNutaQvW3UMofGIyw6JYqRNeBRJl0DWqvrl7rZ-HGfaiFbupcoX2CJMzsjZTJnvTaDo5gDlHqMdUpIY2fsDj4JmlGEKgDR8tPISFNP1hVd000000000000\" target=\"_blank\" rel=\"nofollow noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/connect.notified.com\/Tracker?data%3DJTMfVP3iZNmHsEIGN2wOI2unL7LCMGOgubWy8WcOHybpOmnpqw4WX1N5l3M4O66jqc7dYrUjS7CanIhjkBGkMjiNutaQvW3UMofGIyw6JYqRNeBRJl0DWqvrl7rZ-HGfaiFbupcoX2CJMzsjZTJnvTaDo5gDlHqMdUpIY2fsDj4JmlGEKgDR8tPISFNP1hVd000000000000&amp;source=gmail&amp;ust=1745553957545000&amp;usg=AOvVaw2XgWwzwrBsCqCWbLFy2tfb\"><u>Nexif Energy Ben Tre Wind Power Plant project<\/u><\/a>, success relies on strong, ongoing partnerships to overcome challenges and unlock new opportunities for the country\u2019s sustainable future.&#8221;<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"left\"><span style=\"color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/connect.notified.com\/Tracker?data=V0VlTLqNA_8g4we_avZDDQ-qPne21e-ds4DyV2miV9FPkx1ctUZUZtv_xoUiZY2S2Ozisq6Dmx1bYytNUMr8rL8j58gogepN1JoRP1ZwN7cV05nYCKR5ZvwoswE4XBhz000000000000\" target=\"_blank\" rel=\"nofollow noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/connect.notified.com\/Tracker?data%3DV0VlTLqNA_8g4we_avZDDQ-qPne21e-ds4DyV2miV9FPkx1ctUZUZtv_xoUiZY2S2Ozisq6Dmx1bYytNUMr8rL8j58gogepN1JoRP1ZwN7cV05nYCKR5ZvwoswE4XBhz000000000000&amp;source=gmail&amp;ust=1745553957545000&amp;usg=AOvVaw1EDPelYEmJN9H2Q1xjqVgj\"><strong><u>Mr. Cyril Dissescou<\/u><\/strong><\/a>, CEO of Nexif Ratch Energy, added &#8220;I\u2019m proud of our team for their persistence and focus in achieving this milestone. I also want to thank EPTC for their close collaboration. This success reflects the strength of our partnerships and our shared commitment to Vietnam\u2019s clean energy future.&#8221;<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"left\"><span style=\"color: #000000;\">With the amended PPAs now signed and key procedural steps completed, the project is advancing towards financial close, with construction scheduled to begin in the second half of 2025. This progress underscores Nexif Ratch Energy\u2019s commitment to delivering sustainable and reliable energy to Vietnam\u2019s national grid, supporting the country\u2019s energy transition, and contributing to the development of a greener future.<em> News Input CRDT: GLOBE NEWSWIRE<\/em><\/span><\/p>\n<\/article>\n<\/section>\n<div class=\"natio-after-content\" style=\"margin-bottom: 12px;\" id=\"natio-2462071014\"><style>\r\n.ad {\r\ndisplay: block;\r\nmargin: 0 auto 12px;\r\nwidth: 100%;\r\nmax-width: 640px;\r\n}\r\n<\/style>\r\n<!-- <img class=\"ad\" src=\"\" alt=\"Ad\" \/> -->\r\n<!-- <img class=\"ad\" src=\"\" alt=\"Ad\" \/> -->\r\n\r\n\n\t\t<!-- MasterSlider -->\n\t\t<div id=\"P_MS69da7136905e7\" class=\"master-slider-parent msl ms-parent-id-4\" style=\"max-width:640px;\">\n\n\t\t\t\n\t\t\t<!-- MasterSlider Main -->\n\t\t\t<div id=\"MS69da7136905e7\" class=\"master-slider ms-skin-default\" >\n\t\t\t\t \t\t\t\t \n\t\t\t\t<div  class=\"ms-slide\" data-delay=\"2\" 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With the expiration of the Feed-in Tariff (FiT) regime in October &hellip;<\/p>\n","protected":false},"author":2,"featured_media":9002,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2058,2057],"class_list":["post-9001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-accelerating-path-to-financial-close","tag-nexif-ratch-energy-signs-amended-power-purchase-agreements-for-its-ben-tre-wind-power-project"],"_links":{"self":[{"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/posts\/9001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/comments?post=9001"}],"version-history":[{"count":1,"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/posts\/9001\/revisions"}],"predecessor-version":[{"id":9003,"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/posts\/9001\/revisions\/9003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/media\/9002"}],"wp:attachment":[{"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/media?parent=9001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/categories?post=9001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalvani.com\/en\/wp-json\/wp\/v2\/tags?post=9001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}