Requirement for Supplementing and clarifying a number of contents in the PDP VIII

Specifically, on July 15, 2022, the Deputy Prime Minister had a meeting with MOIT and Institute of Energy – the consulting agency for establishing PDP VIII. After report and opinions of the participants, the Deputy Prime Minister concluded as following:

1/ The coal and gas power projects already included in the PDP VII (adjusted) so far not included in the draft PDP VIII (according to the requirements of implementing commitments at COP26) ensure their legality?

2/ Considering to include 2,428.42 MW of solar power projects mentioned in PDP VII (adjusted) to the draft PDP VIII, MOIT is required to divide the project groups as: (i) the project group for that construction investment has been completed (ii) the project group for that there is a land allocation and contract sign for purchasing equipment (iii) the project group for that there is the investment policy and land allocation and (iv) the project group for that there is the investment policy but no procedure on land allocation.

Regarding the project groups mentioned above, the Government requires determining the preliminary costs and damage of every project group. If they do not continue to be deployed, it is necessary to clearly analyze the suitability and not suitability conformity of every project according to the regulations of law.

3/ In the draft PDP VIII, the LNG import ability by 2030 would be about 14-18 billion m3 and the total planned power capacity by 2030 would be 146,000 MW. However, according to the goal of Politburo Resolution No. 55-NQ/TW, the LNG import ability will reach about 8 billion m3 in 2030 and 15 billion m3 in 2045 the total capacity of the power plants by 2030 will reach about 125,000 - 130,000 MW”.

Therefore, MOIT should need to report and consult the Politburo or not?

All of the above contents, the Deputy Prime Minister requested MOIT to urgently supplement, clarify and report to the Prime Minister before July 21, 2022.