Nexif Ratch Energy owns a 100% equity interest in the Minh Luong hydropower project (“MLH”), located in the Van Ban district, Lao Cai province, Vietnam.

MLH is a 30 MW run-of-river hydropower project with a short-term storage reservoir providing capacity during peak periods.

MLH has been in operation since 2018 and was acquired by Nexif Ratch Energy In December 2023.

Key Features:

• Location: Van Ban district, Lao Cai province, Vietnam
• Capacity: 30 MW
• Type: run-of-river hydropower project
• COD: April 2018
• Turbine: 2 x 15 MW vertical Francis turbines
• Water supply: Ngoi Dien River
• Land area: 28.3 ha
• PPA: 20 years PPA signed with EVN under the ACT regime
• Grid connection: 110kV lines to the national grid