Selection of investors for the BOT thermal power plant project

03:19, 11/07/2024

This content is stipulated in Circular 23/2015/TT-BCT regulating the order and procedures for investment in thermal power plant projects in the form of Build – Operate – Transfer contracts, issued on July 13, 2015.

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

The selection of BOT Investor is conducted in accordance with the provisions of the law on bidding.
International bidding applies to the following cases:

- Projects listed in the QHDLQG for which the Prime Minister of the Government of Vietnam stipulates international bidding;- Projects listed in the QHDLQG 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.

Direct appointment of BOT Investor applies to the following cases:

- Projects listed in the QHDLQG where the Prime Minister of the Government of Vietnam directly appoints a BOT Investor;- Projects listed in the QHDLQG 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 QHDLQG, and approved by the Prime Minister of the Government of Vietnam.

Selection of investors for BOT projects, Circular 23/2015/TT-BCT

Selection of investors for BOT projects (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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