Vietnam: Report on the execution of the thermo-power plant project (BOT project)

Report on the execution of the thermo-power plant project (BOT project) is specifically stipulated in Circular 23/2015/TT-BCT regulating sequence, procedures for financing thermo-power plant project in the form of BOT contract in Vietnam, issued on July 13, 2015.

Report  on  the  Implementation  of  BOT  Thermal  Power  Plant  Project,  Circular  23/2015/TT-BCT

Vietnam: Report on the execution of the thermo-power plant project (BOT project) (Illustrative Image)

Under Article 18 of Circular 23/2015/TT-BCT on reporting mode:

1. Monthly reports

During the construction of the plant, BOT enterprises shall be responsible for making monthly reports to the General Department of Energy of Vietnam and relevant competent state management agencies on the fifth of month. Information to be reported includes:

- Progress of work done up to the time of reporting;

- Difficulties and proposals (if any);

- Next month’s plans

2. Quarterly, annual reports

BOT enterprises shall be responsible for completing quarterly reports (on the fifth of April, July and September), and annual reports (on the fifth of January) to the General Department of Energy of Vietnam and relevant competent state management agencies.

3. Irregular reports

In the event of natural disasters, conflagration or at the request of competent state agencies, BOT enterprises shall be responsible for making immediate reports to the General Department of Energy of Vietnam and relevant competent state management agencies.

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

Thuy Tram

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