Prime Minister Nguyen Xuan Phuc signed Resolution 115/NQ-CP on
31 August 2018 to confirm some special policies to support Ninh
Thuan province ("Resolution 115"). Pursuant to Article
1.1.e of the Resolution 115, the Prime Minister confirmed
that the commercial operation date (COD) deadline (previously 30
June 2019) for solar projects in Ninh Thuan province to enjoy the
9.35 US cents feed in tariff has been extended to the end of
2020. This extension applies to those solar energy projects
approved in the relevant Master Plan (approx. 2000MW).
Resolution 115 took effect on 31 August 2018 and lays to rest the
badly kept secret that Ninh Thuan, a literal hot spot for solar
projects, will enjoy more favorable terms than projects in other
locations which remain bound to the 30 June 2019 COD
deadline. Clear and definitive statements as to what
will happen after 30 June 2019 for projects in other locations is
now desperately required. Our view and intel is that