Share on LinkedInShare on LinkedIn

ARTICLE · 09 NOVEMBER 2021

Direct Power Purchase Agreement Pilot Program In Vietnam

ACSV Legal
Explore more from ACSV Legal

The Electricity Regulatory Authority under MOIT is currently finalising the Draft Circular, which is expected to be officially issued by the end of 2021.

VietnamEnergy and Natural Resources
Mark Oakley
Mark Oakley
Hieu Pham
Hieu Pham
Leif Schneider
Leif Schneider
Duc Tran
Duc Tran
Author LinkedIn connections

The Electricity Regulatory Authority under MOIT is currently finalising the Draft Circular, which is expected to be officially issued by the end of 2021. Due to its high relevance for the economics of renewable energy investments in Vietnam, the DPPA pilot program has attracted widespread interest from consumers and power developers. This legal update examines the most important takeaways from the draft circular.

LEGAL UPDATE

On 8 April 2021, the Ministry of Industry and Trade of Vietnam (MOIT) released the 2nd draft of the Circular regulating the direct power purchase agreement (DPPA) pilot program for renewable energy (Draft Circular) to solicit public comments before 6 June 2021.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Recalibrating Vietnam’s Petroleum Regime: Key Reforms Under The New Petroleum Law

Vietnam's newly adopted Petroleum Law introduces significant regulatory reforms aimed at streamlining approval processes, enhancing contractual flexibility, and establishing frameworks for carbon capture and offshore energy development. The legislation transfers substantial decision-making authority from ministerial levels to Petrovietnam while introducing targeted incentives for marginal fields and enhanced recovery operations.
VietnamEnergy and Natural Resources
VILAF
VILAF
Article

Vietnam Opens The Door To A New Wave Of Energy Investment: Decree 272 Creates Major Opportunities For Foreign Investors

Vietnam's newly promulgated Decree 272/2026/ND-CP establishes a transparent regulatory framework for international energy investment, introducing accelerated approval timelines, reduced administrative burdens, and clear financial requirements for offshore wind and power grid infrastructure projects. Could this decree finally provide the predictable investment environment that foreign developers and financial institutions have been seeking in one of Asia's fastest-growing energy markets?
VietnamEnergy and Natural Resources
Duane Morris LLP
Duane Morris LLP
Article

VIETNAM BIOMASS POWER 2026 – THE RACE FOR BANKABLE PPAs _Why Circular 12 Changes The Game For Foreign Investors – And Why Knowing The Institutions And People Behind The PPA Can Determine Whether A Project Reaches Financial Close

Vietnam's biomass power sector is undergoing a fundamental transformation as the country moves toward a sophisticated electricity market where project-specific pricing, negotiated Power Purchase Agreements, and bankability increasingly determine success. For foreign investors, understanding Circular 12's negotiable PPA framework and knowing the specific Vietnamese institutions and decision-makers controlling each approval process can mean the difference between a project reaching financial close or stalling
VietnamEnergy and Natural Resources
Duane Morris LLP
Duane Morris LLP
Article

Vietnam’s Energy Opportunity: From Market Potential To Investable Projects

Vietnam's energy sector is undergoing unprecedented expansion, with revised Power Development Plan VIII targeting USD 134.7 billion in investment through 2030. International investors face a critical strategic question: how to enter this market in a commercially viable, legally secure manner that produces investable projects rather than simply establishing a presence and hoping for opportunities.
VietnamEnergy and Natural Resources
Duane Morris LLP
Duane Morris LLP