Vietnam: What documents are included in the application for signing of the Power Purchase Agreement?

Specifically, according to Circular No. 02/2019/TT-BCT of the Ministry of Industry and Trade of Vietnam, the investor of the wind power plant shall make an application for signing of the Power Purchase Agreement with the Power Buyer. The Buyer will subsequently carry out the appraisal and approval procedures for signing such Agreement. Application documents for signing of the Power Purchase Agreement include:

- Power Seller's official dispatch for requesting the signing of Power Purchase Agreement;

- Legal documents of the project, including: Approval Decision of the competent authority on planning on power source and grid; Investment Policy Decision or Investment Registration Certificate; Investment Project Approval Decision;

- A draft of Power Purchase Agreement;

- Agreement on connecting power plant to the national power system. Such agreement is enclosed with the connection method of such power plant; SCADA/EMS Agreement and DIM system (Instruction Dispatch Management); agreement on automatic and protective relay system;

- Documents on calculation of loss of capacity and electrical energy of transformers and lines transmitted from the power plant to the points connected with the national power system, and documents on calculation of the electronics used in the power plant.

The Power Purchase Agreements can be found in Circular No. 02/2019/TT-BCT of the Ministry of Industry and Trade of Vietnam, which takes effect from February 28, 2019.

- Thanh Lam -

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