Deputy Prime Minister requests to remove difficulties for wind and solar power

The Government Office has just announced the conclusion of Deputy Prime Minister Nguyen Hoa Binh at a meeting on reviewing and removing difficulties and obstacles for projects.

In particular, for solar and wind power projects facing difficulties and problems in applying FIT (fixed electricity price), the Deputy Prime Minister assigned the Ministry of Industry and Trade to specifically classify each project, report briefly and fully on the projects, and send them to the Ministry of Finance before October 25 for synthesis and inclusion in the general report of the Government Party Committee to the Politburo.

The Ministry of Finance is assigned to propose solutions to remove difficulties and obstacles for wind and solar power projects that have difficulties and obstacles in applying FIT prices.

Previously, in September, Deputy Prime Minister Nguyen Hoa Binh assigned Vietnam Electricity Group (EVN) to proactively work and negotiate with investors of solar and wind power projects based on its functions and duties in the spirit of "harmonious benefits and risk sharing between the state and investors", avoiding unnecessary lawsuits.

In early August, EVN proposed that the Ministry of Industry and Trade divide wind and solar power projects facing difficulties into two groups for handling: Group 1 includes three projects that have been sentenced and will be implemented according to the court's decision; Group 2 includes the remaining 169 projects, when there is a verdict, they will be handled similarly.

The group also proposed that the Ministry of Industry and Trade coordinate with localities to review and handle projects with acceptance test results (CCA) documents issued after the commercial operation date (COD) and guide 13 projects without CCA to complete their documents according to Resolution 233.

Regarding electricity prices, EVN proposed to allow projects with CCA to enjoy FIT prices from the COD time, while projects without CCA will temporarily apply the transitional ceiling price from the August payment period, then enjoy FIT prices when CCA is granted.

At the meeting on September 4 between the group of renewable energy investors and the Electricity Trading Company (EPTC), the investors agreed that they would not complain, not sue and not request late payment interest, on the condition that EVN/EPTC fully paid the debts under the power purchase agreement (PPA) signed before October 31.

Currently, domestic and foreign investors are waiting for the official decision of the competent state agency on the issue of FIT/CCA prices, as well as the payment of outstanding debts as discussed and agreed.

Source: https://dantri.com.vn/kinh-doanh/pho-thu-tuong-yeu-cau-thao-go-kho-khan-cho-dien-gio-dien-mat-troi-20251024113707813.htm