Ministry of Industry and Trade approves Solar Power Project almost 20 times larger than planned
- 158
- Business
- 16:56 27/12/2023
DNHN - The inspection of the management of investment and construction of power projects under Power Plan 7 and its 7 adjustments showed that the addition of many solar power projects, mainly in the Central and Central Highlands regions, is inappropriate.

According to the conclusion, the Ministry of Industry and Trade did not implement the national solar power development plan, and the provinces did not implement the provincial solar power plant until 2020. However, 168 solar power projects have been approved, with a total capacity of 14,707 MW, almost 20 times higher than the original project.
Of these, only 14 projects were approved according to the power plans of four localities before 2016, and eight projects were approved according to the power projects of five provinces. The remaining projects (with a total capacity of 3,194 MW) were approved additionally in 23 localities, of which up to 15 out of 23 provinces did not have a solar power plant. Therefore, the inspection agency assessed that the Ministry of Industry and Trade's decision to approve 92 projects with a total capacity of 3,194 MW had no legal basis. The adjusted Power Plan 7 set out a plan to install 850 MW of solar power by 2020, but the Ministry of Industry and Trade approved up to 54 projects (with a capacity of 10,521 MW), which also did not comply with the legal basis.
In addition, the ministry's approval of additional solar power projects under 50 MW into the provincial power project and its consultation with the Prime Minister to approve projects over 50 MW into the adjusted Power Plan 7 without establishing a plan is also considered to have no legal basis and, at the same time, risks causing unfair competition in attracting investment.
The inspection conclusion also pointed out that the Ministry of Industry and Trade violated the incentive mechanism for solar power projects in Ninh Thuan, resulting in 14 projects enjoying a preferential FIT price of 9.35 cents/kWh for 20 years without complying with regulations. This led to the Vietnam Electricity Group (EVN) having to pay an additional VND1,481 billion to investors within 2.5 years.
The inspection agency also pointed out that EVN had previously recommended not encouraging investment in solar power without synchronisation with investment in the transmission grid, although this suggestion was not fully accepted by the Ministry of Industry and Trade.
For the eight localities that violated the regulations, the Government Inspectorate proposed transferring the cases to the investigation agency for handling.
In Long An, the inspection agency requested the review and handling of responsibilities under legal regulations for related organisations and individuals. Binh Thuan has 13 solar and wind power projects that violate the regulations on national mineral reserve land, and the case has been transferred to the Security Investigation Agency to handle violations in the management and use of land for these projects.
In Binh Phuoc, the Government Inspectorate concluded that there were violations related to the use of forest land to build the Loc Ninh 4 solar power plant, along with some other projects.
For Dak Lak, some projects are not following the land use planning, and the inspectorate proposed transferring the case to the investigation agency for handling.
Binh Phuong
Related news
- Deputy Prime Minister Lê Thành Long meets with Osaka Governor Yoshimura Hirofumi to promote Vietnam–Japan cooperation.
- The master sales secrets of luxury king Bernard Arnault that make the world spend
- White House: When politics and technology join forces to rewrite the global AI order
- Da Nang proposes semiconductor cooperation with Oregon (USA)
- Quang Tri calls for investment in wind power plant project worth over VND 1,100 billion
- Hanoi receives two million visitors during the four-day National Day holidays
- Multiple MoUs signed in Da Nang to boost semiconductor development
- UNDP Resident Representative hails Vietnam as an emerging economic powerhouse
- How the UAE Transformed from Oil Wealth to AI Leadership?
- Success in business is always a human story
- Mr. Le Viet Thang, CEO of 1Office: "Don’t use old solutions for new ai challenges"
- VinFast: a strategic pivot amid the green industry storm?
- 127 high-value projects post-merger: Ho Chi Minh City rolls out the red carpet for strategic investors
- Pakistani Ambassador to Vietnam: “Peace and unity are the strength to build the future.”
- Vietnam's Semiconductor Leap: Five Strategic Policies to Reach 2027 Goal
- What’s Vietnam’s game plan as President Trump pressures the Fed?
- SK Innovation and HD Hyundai (South Korea) step up cooperation with Khánh Hòa Province (Vietnam)
- Quang Tri attracts $96.5 mln in new projects in July
- A trade fair organizer surprises by joining the ranks of top-earning listed companies
- HDBank secures USD 215 million syndicated loan from JICA, SMBC, and FinDev Canada
Đọc thêm Business
Deputy Prime Minister Lê Thành Long meets with Osaka Governor Yoshimura Hirofumi to promote Vietnam–Japan cooperation.
As part of his working visit to Japan and participation in the Vietnam National Day at EXPO 2025 Osaka, on September 8, Deputy Prime Minister Lê Thành Long held talks with Osaka Governor Yoshimura Hirofumi.
Larry Ellison’s lesson: Enduring success starts with fixing the market’s pain points
As of today, Larry Ellison has risen to become the world’s second-richest billionaire with a fortune of nearly $260 billion, surpassing familiar names such as Jeff Bezos and Warren Buffett.
The master sales secrets of luxury king Bernard Arnault that make the world spend
Billionaire Bernard Arnault, Chairman of LVMH (Moët Hennessy Louis Vuitton), controls more than 70 of the world’s most prestigious luxury brands, from Louis Vuitton and Dior to Moët & Chandon and Bulgari.
White House: When politics and technology join forces to rewrite the global AI order
The White House became the epicenter of global attention as U.S. President Donald Trump and First Lady Melania Trump hosted a high-profile state dinner, bringing together more than 20 of the most powerful leaders in technology and American business.
Warren Buffett: The contrarian billionaire – What can Vietnamese entrepreneurs learn?
Warren Buffett has never invented a piece of technology, created a product that changed the world, or relied on social media.
Vietnam Golf Course Owners Summit 2025: Driving sustainable growth in golf tourism and golf economy in Vietnam
Vietnam Golf Course Owners Summit2025 (VNGOS 2025), focusing on the sustainable development of golf tourism and the golf economy in Vietnam, will be held for the first time on October 30 - 31, 2025, at Laguna Lăng Cô Resort, Hue City.
President Luong Cuong’s visit to China: A message of Vietnam’s diplomacy
From September 2 to 4, 2025, President Luong Cuong led a high-level Vietnamese delegation to attend the 80th anniversary of the world’s victory over fascism and to carry out a series of high-level diplomatic activities in China.
Prof. Dr. Huynh Van Chuong: A strategy to elevate Vietnam’s education on the global stage
On the occasion of the 80th anniversary of Vietnam’s education sector and the opening of the 2025–2026 academic year, Professor Huynh Van Chuong shared insights on key achievements in education quality management.
General Secretary To Lam: Investing in education is investing in the future.
The new academic year 2025–2026 officially began, marking the start of a new phase in Vietnam’s education: humanistic, globally integrated, innovative, and reaching outward to stand shoulder-to-shoulder with the world’s leading nations.
Hanoi Party Secretary Bui Thi Minh Hoai: “Hanoi 2025 – space of tradition and creativity” embodies the capital’s aspiration to rise
On the morning of September 1, a delegation of Hanoi’s Party Committee, People’s Council, People’s Committee, and the Vietnam Fatherland Front Committee was led by Party Secretary Bui Thi Minh Hoai.