Selection of investors for the BOT thermal power plant projects in Vietnam

Investors selected for the BOT thermal power plant project are identified as follows:

1. The selection of BOT Investor is conducted in accordance with the provisions of the law on bidding.

2. International bidding applies to the following cases:

- Projects listed in the National electricity development planning for which the Prime Minister of the Government of Vietnam stipulates international bidding;

- Projects listed in the National electricity development planning that have not yet identified an investor, with two or more BOT Investors registering to participate, will be decided by the Prime Minister of the Government of Vietnam on the form of selecting the BOT Investor.

3. Direct appointment of BOT Investor applies to the following cases:

- Projects listed in the National electricity development planning where the Prime Minister of the Government of Vietnam directly appoints a BOT Investor;

- Projects listed in the National electricity development planning with only one BOT Investor registering to participate and approved by the Prime Minister of the Government of Vietnam for direct appointment;

- Projects proposed by BOT Investors, not listed in the National electricity development planning, and approved by the Prime Minister of the Government of Vietnam.

Selection of investors for BOT projects in Vietnam (Illustration image)

Based on specific cases and relevant legal provisions, the competent state agency will select suitable investors for each BOT thermal power plant project.

More details can be found in Circular 23/2015/TT-BCT effective from July 13, 2015.

Thuy Tram

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