What are regulations on request for power purchase agreement negotiation in Vietnam?

What are regulations on request for power purchase agreement negotiation in Vietnam?

What are regulations on request for power purchase agreement negotiation in Vietnam? - image from internet

Pursuant to Article 18 of the Circular 57/2020/TT-BCT stipulating following regulations:

- Request for power purchase agreement negotiation applied to new power plants includes but are not limited to:

+ Official Dispatch requesting power purchase agreement negotiation;

+ Draft power purchase agreements using form under Annex 3 hereof and revisions depending on practical conditions of power plants (if any);

+ Approval of investment guidelines or Decision on investment guidelines or investment registration certificate of projects;

+ Decision on investing in construction, explanation and reports on appraisal of power plant investment projects of independent consultants, attached documents;

+ Decision on approving total investment for the first time or revised total investment of projects valid at the time of negotiating electricity price and primary contents in fundamental design of investment projects relating to power purchase agreement negotiation, appraisal reports on fundamental design;

+ Agreements on connecting power plants to national grids together with connection solutions; agreements on SCADA/EMS and regulating information systems; agreements on protective and automatic relay systems;

+ Loan agreements or documents between project developers and creditors, plans or facts of disbursement of loans;

+ Fuel supply contracts for power plants, specifying fuel prices for electricity generation, fuel transportation costs, LNG storage, regasification and distribution costs and additional costs, fuel delivery points and deadline for fuel supply;

+ Documents on calculating capacity and electricity loss of transformers and power lines from step-up transformers to connection points with national electrical grids and documents on electricity used in power plants;

+ Documents on calculating net heat loss rates for thermal power plants;

+ Electricity solutions determined according to Section 1 and Section 3 Chapter II hereof;

+ Other relevant documents.

- Request for power purchase agreement negotiation of power plants entering commercial operation includes but are not limited to:

+ Official Dispatch requesting power purchase agreement negotiation;

+ Draft power purchase agreements using form under Annex 3 hereof;

+ Available documents on power purchase agreements;

+ Technical dossiers of power plants, technical specifications of SCADA/EMS systems, protective and automatic relays, machine P-Q operational characteristics;

+ Fuel supply contracts for power plants;

+ Electricity solutions of power plants determined according to Section 1, Section 2, and Section 3 Chapter II hereof;

+ Audited financial statements of power plants of the nearest year from the date of negotiating power purchase agreements.

Best regards!

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