On 11 January 2022, the Office of Government of Vietnam (OOG) issued Document No. 229/VPCP-CN to the Ministry of Industry and Trade of Vietnam (MOIT) for the next steps of updating the draft regulations on the implementation of the pilot program on the direct power purchase agreement (DPPA) mechanism between renewable energy power generation companies and major power consumers. Accordingly, the deputy prime minister in charge of the power sector formally agreed to assign the MOIT to develop a new draft DPPA pilot regulation in the form of a Prime Minister decision, ensuring the transparency, efficiency, lawfulness and sustainable development of the power sector.
