May 29, 2026 — SCI Group, a Vietnamese enterprise with extensive experience in renewable energy development and investment, together with its partner Levanta Renewables — a Southeast Asia renewable energy platform backed by Actis — has received official approval from the People’s Committee of Gia Lai Province for both the investment policy and investor status of the Ia Dreng 1 Wind Power Plant Project, with a planned capacity of 40 MW.
This marks a significant legal milestone, formally launching Ia Dreng 1 into its investment implementation phase. It also highlights the effectiveness of the cooperation model between SCI Group and Levanta Renewables: combining SCI’s project development expertise and deep understanding of the Vietnamese market with Levanta’s international investment, management, and renewable energy development capabilities.
Located in Gia Lai Province, one of the most promising wind resource areas in the Central Highlands, the Ia Dreng 1 Project is expected to generate 120 GWh of clean electricity annually — equivalent to the consumption needs of around 60,000 households — while reducing carbon emissions by about 80,000 tons of CO₂ anually.
According to the project schedule, construction is set to commence in the first quarter of 2027, with commercial operation targeted for the first quarter of 2028. The project will The project will contribute clean energy to the national grid, create local employment opportunities, and generate revenue for the provincial budget.
“Vietnam’s transition toward a sustainable energy system requires close collaboration and the active participation from domestic partners. Through the Ia Dreng 1 Project, SCI Group is proud to partner with Levanta Renewables in developing renewable energy infrastructure in Gia Lai, thereby contributing to unlocking the province’s potential and its increasingly vital role in Vietnam’s clean energy transition.”
— Mr. Nguyen Cong Hung, Chairman of SCI Group
“The Ia Dreng 1 Project represents a significant step forward in expanding Levanta’s renewable energy portfolio in Vietnam. We are delighted to combine Levanta’s project development expertise with SCI Group’s local deployment capabilities to help meet Vietnam’s surging demand for reliable and renewable power”
— Mr. Pramod Singh, General Director of Levanta Renewables
About SCI Group
SCI Group is a Vietnamese enterprise operating in the investment, development, and construction of energy and infrastructure projects. In the renewable energy sector, SCI Group develops and manages a portfolio of operating hydroelectric and wind power plants, along with multiple onshore wind projects at various stages of development in Central and Central Highlands regions.
Backed by an experienced technical and project development team, SCI Group serves as a trusted local development partner for international investors and financial institutions, overseeing the entire project lifecycle — from development, legal procedures, and land acquisition to construction management and operations.
About Levanta Renewables and Actis Investment Fund
Levanta Renewables is a renewable energy development platform backed by leading investment institutions, focusing on Southeast Asian markets, with proven capabilities in developing, constructing, and operating utility-scale solar, wind, and energy storage systems.
Headquartered in Singapore, Levanta possesses end-to-end capabilities across the entire project lifecycle — from development, financing, and construction to long‑term asset management — with a commitment to effective and sustainable deployment in complex, high‑growth markets.
Currently, Levanta is building a gigawatt-scale renewable energy portfolio across Thailand, the Philippines, and Vietnam, while expanding its presence in other key regional markets.
Levanta Renewables is owned by Actis, a premier investor in high-growth markets focusing on sustainable infrastructure. In October 2024, the global investment fund General Atlantic (USA) completed its acquisition of Actis. This strategic combination reinforces Actis’s standing as a world-leading investor in sustainable infrastructure. As of June 2026, General Atlantic manages a diversified global portfolio with total assets under management estimated at approximately 126 billion USD.
