ANNOUNCEMENT NO. 129/TB-VPCP REGARDING THE EXECUTION PLAN OF THE NATIONAL POWER DEVELOPMENT PLAN FOR THE PERIOD 2021-2030, WITH A VISION TO 2050

 Announcement No.129/TB-VPCP outlines the conclusions drawn from discussions regarding the execution plan of the National Power Development Plan for the period 2021-2030, with a forward-looking vision extended to 2050. It provides a comprehensive overview of the meeting convened by Prime Minister Phạm Minh Chinh on March 25, 2024, which saw the participation of key government officials, industry stakeholders, and experts.

05/04/2024

ANNOUNCEMENT NO. 129/TB-VPCP REGARDING THE EXECUTION PLAN OF THE NATIONAL POWER DEVELOPMENT PLAN FOR THE PERIOD 2021-2030, WITH A VISION TO 2050

The conclusions underscore the paramount importance of establishing a robust and sustainable electricity supply infrastructure to bolster economic growth and meet the burgeoning energy demands of the populace. While commending the Ministry of Industry and Trade for its endeavors in refining the implementation plan, the document also highlights certain delays and deficiencies that need urgent rectification.

Key directives stemming from the conclusions include the imperative to align the implementation plan with prevailing legal frameworks, with particular emphasis on prioritizing renewable energy projects such as solar and wind power. Ensuring the seamless and timely execution of the plan to mitigate the risk of electricity shortages, especially in regions with high demand, emerges as a critical priority.

Moreover, the document delineates clear responsibilities for various government bodies and emphasizes the necessity of effective coordination and communication among them. It underscores the significance of adhering to legal regulations and expeditiously addressing any lapses or shortcomings in the implementation process.

In conclusion, the document underscores the government's unwavering commitment to realizing the objectives outlined in the. It calls for concerted efforts from all stakeholders to expedite the execution of the plan, thereby ensuring a sustainable and reliable electricity supply system that caters to the evolving needs of the nation's economy and populace.

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