Vietnam’s ministry of industry and trade (MoIT) has been asked to finalise the National Power Development Plan (PDP) VIII from 2021 till 2030 with a vision till 2045, focusing on reducing coal-based power. It will review the feasibility of thermal power projects using domestic gas while reducing the capacity of power plants using imported LNG by 2030.
It will also work to raise wind power projects on a reasonable and feasible scale.
The ministry had earlier submitted a report to the cabinet on issues relating to PDP VIII.
A government notification said the ministry should continue its work with investors on implementing coal-fired power projects that are facing obstacles in terms of capital to decide whether to continue such projects under current conditions or adopt other options, a news agency reported.
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