Report 9041/BCT-DL issued by the Ministry of Industry and Trade regarding the issuance of additional updates to the Plan for the Implementation of the 8th Electricity Planning

Report No. 9041/BCT-DL dated November 9, 2024, issued by the Ministry of Industry and Trade, was submitted to the Prime Minister and Deputy Prime Minister Nguyen Hoa Binh regarding additional updates to the Implementation Plan of Power Development Plan VIII. This report emphasizes the necessity of approving these updates, assesses the impact of recent policies, finalizes the draft decision for approval, and recommends the prompt consideration and approval of the second revision for power projects that meet the criteria. It reflects the Ministry's commitment to advancing power sector development and ensuring a sustainable national economy.

13/02/2025

Report 9041/BCT-DL issued by the Ministry of Industry and Trade regarding the issuance of additional updates to the Plan for the Implementation of the 8th Electricity Planning

The main points are:

(i) A report on the necessity of approving the updates and additions to the Plan for the Implementation of the 8th Electricity Planning;
(ii) An assessment of the relevance/impact of some major policies in recent times on the approval of updates and additions to the Plan for the Implementation of the 8th Electricity Planning;
(iii) The completion of the draft Decision for approving the Plan for the Implementation of the 8th Electricity Planning;
(iv) A recommendation to the Prime Minister to promptly consider and approve the updates and additions to the Plan for the Implementation of the 8th Electricity Planning (second revision) for power projects in localities that meet the established criteria.

The report demonstrates the Ministry of Industry and Trade's determination in electricity planning, aiming to promote the development of the electricity sector and contribute to a sustainable national economy.

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For more information, please contact:

Hoang Pham (James) / Managing Partner at: hoang.pham@vselawyers.com

Attention: This legal update is not an advice and should not be treated as such.