The New National Power Development Plan of Vietnam

June 15th, 2023
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Energy

 

The Prime Minister has recently issued the long-awaited Decision 500, approving the national power development plan (“PDP8”). Decision 500 took effect on May 15, 2023.  It covers a term of 27 years (2023 to 2050).  It provides general policies, objectives, plans for development of power generation and transmission lines, land use, list of important projects, and a general road map to implement PDP8.  This Article is a highlight and analysis of general policies set out in PDP8.

 

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