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ARTICLE · 07 FEBRUARY 2024

Vietnam – Power Development Plan 8 – Implementation

Duane Morris LLP
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On 26 January 2024, the Ministry of Industry and Trade (the "MOIT") delivers Letter No. 644/TTr-BCT ("Letter 644") to the Vice Prime Minister – Mr. Tran Hong Ha – regarding the proposal...

VietnamEnergy and Natural Resources
Oliver Massmann
Oliver Massmann
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On 26 January 2024, the Ministry of Industry and Trade (the “MOIT”) delivers Letter No. 644/TTr-BCT (“Letter 644”) to the Vice Prime Minister – Mr. Tran Hong Ha – regarding the proposal for the issuance of the Implementation Plan for the National Power Development Master Plan VIII for the period 2021-2030, with a vision to 2050 (the “Implementation Plan”). We would like to highlight some key notes of the Letter 644 Implementation Plan as below:

(i) To approve the Implementation Plan in two (02) phases whereby the first phase will mainly cover the the list of important and prioritized power source and power grid projects together with the list of wind power projects, small hydropower, biomass power, electricity produced from waste, etc. which meets the criteria set out in the instructions, the types of power sources that meet the criteria to be developed. The second phase will cover the approval of the list of wind power projects, small hydropower, biomass power,

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