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ARTICLE · 05 APRIL 2024

Implementation Plan To Vietnam's PDP8 Released

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Following the release of Vietnam's eighth national power development plan ("PDP8") in mid-2023, the Prime Minister has now approved the implementation plan...

VietnamEnergy and Natural Resources
David Harrison
David Harrison
Ben Thompson
Ben Thompson
Matthew B. Chow
Matthew B. Chow
Hai Thao Nguyen
Hai Thao Nguyen
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Following the release of Vietnam's eighth national power development plan (“PDP8”) in mid-2023, the Prime Minister has now approved the implementation plan to PDP8 under Decision No. 262/QD-TTg (“Decision 262”). As the name implies,this plan sets out how PDP8 will be implemented, reflecting input from key stakeholders including the Ministry of Industry and Trade (MOIT), the Ministry of Planning and Investment (MPI), Vietnam Electricity (EVN), the State Bank of Vietnam (SBV), Petrovietnam (PVN), Vinacomin and provincial authorities.

We are still analysing in detail the implications of Decision 262, but some immediate takeaways are:

STATUS OF DOMESTIC GAS-FIRED AND IMPORTED POWER PROJECTS

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