Official Signing of the BOT Contract and Project Documents

03:09, 11/07/2024

The formal signing of the BOT Contract and project documents is specifically stipulated in Circular 23/2015/TT-BCT issued on July 13, 2015.

Official Signing of the BOT Contract for the Thermal Power Plant, Circular 23/2015/TT-BCT

Official Signing of the BOT Contract and Project Documents (Illustrative photo)

To be specific: at Article 14 of Circular 23/2015/TT-BCT stipulates as follows:

Within 30 days from the date of receiving the Investment Registration Certificate from the Ministry of Planning and Investment, the BOT Investor must establish the BOT Enterprise and is responsible for completing the contents that need to be supplemented as stated in the Investment Registration Certificate to officially sign the project documents.
The General Department of Energy organizes the official signing ceremony of the project documents between the BOT Investor and the BOT Enterprise with relevant parties, including:

- Signing the BOT Contract and GGU with the Ministry of Industry and Trade;- Signing the PPA with EVN;- Signing the CSA with TKV (for projects using domestic coal);- Signing the GSA with PVN (for projects using domestic gas);- Signing the LLA with the local authorities where the project is located.

The BOT Enterprise is responsible for submitting the application dossier for obtaining the Legal Opinion from the Ministry of Justice as stipulated in Decree No. 51/2015/ND-CP dated May 26, 2015, of the Government of Vietnam regarding the issuance of legal opinions.

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

Thuy Tram

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