On the morning of December 11th, continuing the program of the 10th Session, the National Assembly passed a Resolution on the mechanism and policies for national energy development in the period 2026-2030 with 424 out of 436 participating delegates voting in favor.
Notably, regarding the development of small-module nuclear power, the Resolution stipulates that both state-owned and private sector enterprises are encouraged to participate in research and investment.
" The development of small-module nuclear power must ensure nuclear security and safety, in accordance with the law on atomic energy and other relevant laws. From time to time, based on development needs and the commercialization of the technology, the Government shall issue mechanisms for investing in the development of small-module nuclear power ," the Resolution states.
Minister of Industry and Trade Nguyen Hong Dien presented a summary report on the acceptance and explanation of the draft Resolution.
Remove the regulation requiring offshore wind power investors to have a minimum charter capital of 10,000 billion VND.
Regarding offshore wind power projects, the Resolution stipulates that: Offshore wind power projects that sell electricity to the national grid, and for which investment approval is granted and the investor is approved without auctioning land use rights or bidding to select the investor, must meet certain conditions.
These conditions include: meeting requirements regarding national defense, security, national sovereignty , resources, marine and island environment, maritime transport, and oil and gas; being included in the Power Development Plan and projected to be operational during the 2025-2030 period.
The Prime Minister approved the investment policy and simultaneously approved the investor without going through an auction for land use rights or a bidding process to select the investor for the project.
The investor is approved to negotiate and conclude a power purchase agreement with the power buyer. The electricity price of the investor's offshore wind power project shall not exceed the maximum price of the offshore wind power tariff framework in the year of negotiation.
The Chairman of the People's Committee of the province where the offshore wind power project's power aggregation point is located within their administrative boundaries has the authority to approve the investment policy for this offshore wind power project.
The approval of an offshore wind power project investment policy requires written consensus from the Ministry of National Defence, the Ministry of Public Security, the Ministry of Foreign Affairs, the Ministry of Industry and Trade, the Ministry of Finance, the Ministry of Construction, the Ministry of Agriculture and Environment, and other relevant agencies. This consultation process is carried out by the investment registration agency under the Provincial People's Committee during the submission of the investment policy approval application.
The resolution also stipulates that the Government shall regulate the conditions for enterprises to prepare dossiers requesting approval of investment policies for offshore wind power projects; the receipt and processing of dossiers requesting approval of investment policies for offshore wind power projects; and the receipt and processing of dossiers proposing surveys for offshore wind power projects…
Thus, compared to the previous draft, the newly passed Resolution removes the requirement that offshore wind power investors must have a minimum charter capital of 10,000 billion VND.
With a direct electricity purchase and sale mechanism, the electricity price in the electricity purchase and sale contract, whether through a private grid connection or the national grid, will be negotiated and agreed upon by both the seller and the buyer.
The resolution expands the scope of entities eligible to directly participate in the direct electricity purchase and sale mechanism at electricity retailers in industrial parks, information technology zones, high-tech agricultural zones, urban areas, and free trade zones.
For nationally important and urgent oil, gas, and coal projects, the investment policy approval procedure is not required.
For ongoing projects, compensation and land clearance will continue to be carried out in parallel in case of adjustments to relevant planning or plans. The authority to decide on the project will rest with the Chairman of the Provincial People's Committee.
In the report on the draft Resolution before the National Assembly's vote, Minister of Industry and Trade Nguyen Hong Dien stated that the regulation of a minimum charter capital of 10,000 billion VND aims to select capable investors and to institutionalize the viewpoint in Resolution No. 70 of the Politburo on assigning reputable and capable enterprises to develop offshore wind power projects.
However, taking into account the opinions of National Assembly deputies, the drafting agency revised the draft Resolution to stipulate the principles and entrust the Government with providing detailed regulations.
" The process of developing the content has been assigned to the Government for detailed regulations. The agency in charge of drafting will consider reducing the charter capital to below 10,000 billion VND, in order to attract maximum resources from capable domestic and international investors to participate in investing in and developing offshore wind power projects within the approved power development plan ," the Minister said.
Source: https://vtcnews.vn/khuyen-khich-doanh-nghiep-tu-nhan-dau-tu-du-an-dien-hat-nhan-quy-mo-nho-ar992331.html
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