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Study for the Development of the Power Market and Competitive Tender Framework for Thermal IPPs in Vietnam

Client

Ministry of Industry (MOI), Vietnam, World Bank

Country

Vietnam

Value

14,080 USD

Study for the Development of the Power Market and Competitive Tender Framework for Thermal IPPs in Vietnam

The general objective of this consultancy has been to provide the following assistance to Ministry of Industry (MOI), Vietnam: Drafting a framework to set the principles, guidelines and general procedures to implement tenders for thermal IPPs under the general BOT framework existing in Vietnam, ensuring an efficient and transparent competitive process; analyzing and developing principles and mechanisms for the coordination between planning and investment in natural gas and in gas fired generation; and developing a strategy to harmonize the IPP program with the future competitive power markets approved in the Roadmap, with the objective of attracting sufficient private investment at the best possible prices and conditions prior to the initiation of wholesale competition, and at the same time minimizing risk of stranded costs and impediments to the efficient development of the market roadmap.

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