The Ngoi Phat Hydropower Plant, with a total installed capacity of 84 MW, is located in Bat Xat Commune, Lao Cai Province, one of Vietnam's key hydropower regions. As a renewable energy project supplying clean and reliable electricity to the national grid, the plant plays an important role in enhancing Vietnam's energy security while contributing to greenhouse gas emission reduction and the socio-economic development of the local community.

Developed through the strategic partnership between VINACONEX, one of Vietnam's leading infrastructure developers and investors, and Toyota Tsusho Corporation (TTC), a global Japanese trading and investment company with extensive expertise in the energy sector, the project represents the successful integration of local capabilities and international experience. This collaboration has enabled the optimization of plant operation, enhanced long-term investment value, and strengthened the project's sustainability.

Through this partnership, VINACONEX and Toyota Tsusho are committed to advancing renewable energy development, maximizing the value of clean energy resources, and supporting Vietnam's energy transition toward a low-carbon and sustainable future. The Ngoi Phat Hydropower Plant stands as a testament to both companies' shared commitment to promoting green growth and contributing to Vietnam's Net Zero ambitions.