ID&E Group Strengthens International Hydropower Business Through Strategic Partnership in Vietnam

Date : Nov 2026

ID&E

Strengthens

Partnership

JAKARTA - ID&E Group continues to strengthen its international business presence through strategic partnerships and investment initiatives across the energy sector. Its latest development in Vietnam, involving Nippon Koei Energy Solutions Co., Ltd. (NKES) and Hokuriku Electric Power Company, represents another step in expanding the group's engagement in the international hydropower industry.

In July 2026, Hokuriku Electric Power Company and NKES established a joint venture, Hokuriku And Koei Energy Solutions Vietnam Company Limited, headquartered in Hanoi, Vietnam. Hokuriku Electric Power Company holds a 66% ownership stake in the joint venture, while NKES holds the remaining 34%.

As its first initiative, the joint venture has participated in hydropower business development in northwestern Vietnam through investment in a Special Purpose Company (SPC) operated by AnLam's Brothers Company Limited (AnLam).

Investment Participation in Two Hydropower Projects

The investment involves two operating hydropower plants managed by AnLam Group in northwestern Vietnam:

• Nam Ban 3 Hydropower Plant: Located in Lai Chau Province, with an installed capacity of 22 MW and an average annual power generation of 84,090 MWh. The plant commenced operations in 2021.
• Nam Chim 2 Hydropower Plant: Located in Son La Province, with an installed capacity of 14 MW and an average annual power generation of 56,110 MWh. The plant commenced operations in 2015.

Both facilities utilize dam-and-conduit hydropower systems and supply electricity to Vietnam Electricity (EVN).

Technical Cooperation and Support Services

Alongside its investment participation, the joint venture will develop technical support services for multiple hydropower projects operated by AnLam Group.

The services will focus on improving operational efficiency through technical recommendations, the provision of technologies owned by Hokuriku Electric Power, and human resource development.

The initiative combines investment participation with technical advisory and operational support, extending the scope of cooperation beyond project investment alone.

ID&E Group's Hydropower Experience

ID&E Group's involvement in the international hydropower sector is supported by its experience in engineering consultancy and energy-related businesses. According to the group's corporate announcement, its hydropower consulting track record encompasses more than 100 projects, representing an aggregate generation capacity of approximately 30,000 MW.

NKES also brings experience in small-scale hydropower development in Japan, together with capabilities in hydropower plant operation, maintenance, and inspection services.

Through this partnership, the companies will combine their respective expertise in hydropower technology and power plant operations to support the development of hydropower projects in Vietnam.

Company Profiles

Source: Hokuriku Electric Power Company News Release, October 29, 2026; ID&E Group corporate announcement.