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ARTICLE · 06 JUNE 2024

Highlights Of Implementation Plan For Vietnam's Latest Power Development Plan

Tilleke & Gibbins
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Tilleke & Gibbins

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Nearly a year after Vietnam's issuance of its National Power Development Plan for 2021-2030, with a vision to 2050 ("PDP VIII"), the Prime Minister issued Decision No. 262/QD-TTg...

VietnamEnergy and Natural Resources
Tram Ngoc Bich Nguyen
Tram Ngoc Bich Nguyen
Duc Minh Pham
Duc Minh Pham
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Nearly a year after Vietnam's  issuance of its National Power Development Plan for 2021-2030, with a vision to 2050 (“PDP VIII”), the Prime Minister issued Decision No. 262/QD-TTg dated April 1, 2024, approving the Implementation Plan for PDP VIII (“Implementation Plan”). Among other contents, the Implementation Plan sets forth the list of prioritized power source projects through 2030, and the capacity of renewable energy sources through 2030, as detailed below.

Prioritized Power Source Projects through 2030

The Implementation Plan lists out six types of power source projects prioritized for development through 2023 according to the capacity approved under PDP VIII. They include:

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