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Ninh Thuan

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Viet Nam

Ninh Thuan

NREI is developing a 180MW offshore wind power project in Ninh Thuan province, Viet Nam (the “Project”).

Survey approval for the project has been obtained and preliminary technical studies have been completed.

The project is in the process of being included as part of the national power development masterplan (“PDP8”)

Expected Timeline:

Key Milestone Target date
Survey Approval Completed
Pre-Feasibility Study Approval Completed
PDP8 Inclusion Q1-2024
IRC Grant Q1-2024
Feasibility Study/Grid Connection Agreement Q2-2024
Power Purchase & EPC Construction Agreements/Construction Start Q4-2024
Commercial Operations Date Q2-2026

OUR BUSINESS

WE CREATE, INVEST-IN AND MANAGE ENERGY TRANSITION POWER GENERATION BUSINESS

Business Strategy

Utilising our deep understand of power markets to formulate differentiated strategies to structure, develop and invest in energy transition projects to earn superior returns in high growth markets.

Value Addition

Demonstrated global capability in implementing value accretive power generation projects across the entire project cycle in competitive and regulated power markets, such capabilities include identifying, structuring, developing, acquiring, constructing, and managing power generation businesses.

Target Market

We create, invest in, and manage renewable energy transition businesses across South-East Asia and Australia.

Technology

Using established technologies, we optimise solutions to meet market needs in the energy transition including technologies such as hydro power, wind turbines, PV solar, battery energy storage systems and transitional gas fired generation.

ESG

We participate in power generation businesses where we can promote responsible environmental stewardship and socially responsible development; including where we can exercise our social responsibility to respect human rights.

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