The Energy Institute delivered a letter to the Ministry of Industry and Trade regarding the development of the Implementation Plan for Vietnam's Power Development Plan VIII (PDP 8). The letter notes that more time is needed to develop the Implementation Plan, as the PDP 8 only outlines targets for 2030 and 2050, while the Implementation Plan requires detailed goals and projections over the entire planning period. Developing these specific goals requires significant data collection and human resources. As a result, the Energy Institute concludes it is not possible to issue the Implementation Plan by June as requested, and recommends pushing the deadline back to August or October to allow sufficient time for proper development of the plan.
VIETNAM - Legal alert on the development of the Implementation Plan of the Power Development Plan VIII (PDP 8)
1. VIETNAM - Legal alert on the development of the Implementation Plan of
the Power Development Plan VIII (PDP 8)
On 17 June 2023, the Energy Institute (EI) delivered Official Letter No. 0975/VNL-P8 (OL)
to the Ministry of Industry and Trade (MOIT) to report on the development of the
Implementation Plan for the PDP 8 in responses to Letter No. 3748/BCT-DL from the MOIT.
The OL contains the following notable contents:
• The PDP8 sets out only the quantitative targets for the final year of the planning period
(2030) and the final year of the vision period (2050);
• According to relevant laws, the Implementation Plan for the PDP 8 is required to
include the specific goals of the PDP 8 with detailed scale/progress of the
projects/power capacity of the required electricity sources and the coordinated
growth of the power grid over the planning period.
• To conduct the calculation for the specific goals, the collection of local data such as
electricity demand, the potential for development of power sources, evaluation of
status and investment plans for power sources and grid infrastructure plays a pivotal
role. To properly carry out such works, the consulting agency requires a significant
amount of high-quality human resources.
• For the above reasons, it is concluded by the EI that the issuance of the Implementation
Plan for PDP 8 within this June is impossible. Thus, it is recommended that the MOIT
allocate a more reasonable timeline for the EI to prepare for the Implementation Plan.
Funding for EI is also mentioned in the OL as a way to support EI to carry out its
works.
It is expected that the Implementation Plan for PDP 8 could be issued in August or October
this year.
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Please do not hesitate to contact Dr. Oliver Massmann at omassmann@duanemorris.com in
case you need more analysis on the PDP 8. Dr. Oliver Massmann is the General Director of
Duane Morris Vietnam LLC