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On the afternoon of February 21, at the Government office, the Prime Minister Nguyen Xuan Phuc received  Mr. Makhtar Diop, Vice President of the World Bank (WB) in charge of infrastructure. At the receiption, Mr. Makhtar Diop informed: ”WB is ready to support Electricity Of Vietnam (EVN) for developing power grids, especially grids for connecting solar power systems to the national power system.

Deputy Prime Minister Pham Binh Minh has just signed Decision No.519/QĐ-TTg on approving the investment policy of the project "Smart power grid application to develop renewable energy sources and effective energy use Energy (SGRE-EE), funded by the grant ODA of German Government.

The Prime Minister has approved the financial mechanism of grid development projects in Hanoi and Ho Chi Minh cities with loans from Asian Development Bank (ADB), ASEAN Infrastructure Fund (AIF).

The draft Power Planning Development VIII (PDP VIII) contains fundamental changes in the power plants to meet the Net-zero commitment. On the basis of the power plants expected to be approved in PDP VIII to supply electricity for the socio-economic development in the coming period. At present Electricity of Vietnam (EVN) is implementing scenarios for developing power plants and projects releasing power capacity under the investment promotion policies.

With the Nearly USD 367 million to develop power grids in Ha Noi, Ho Chi Minh city,  in which, ODA financed by ADB and ASEAN Infrastructure Fund (AIF) is USD 272.71 million; counterpart fund is USD 94.27 million arranged by Ha Noi Power Corporation and Ho Chi Minh City Power Corporation.

The Prime Minister has just adjusted the content of the Decision No. 1576 / QD-TTg dated 11/09/2015 of the Prime Minister on approving the list of the project "Investment transmission grid 3".

Energy ministers of the 10-nation Association of Southeast Asian Nations, meeting from November 17 to 20 at an online summit hosted by Vietnam, set a target of a 23 percent renewable energy share by 2025.