Ministry of Industry and Trade approves Solar Power Project almost 20 times larger than planned
- 156
- 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
- ShopeeFood and Grab dominate Vietnam’s food delivery market
- The ambitions of major enterprises in 2025
- Rice export prices expected to rebound soon due to limited supply
- Attracting investment in renewable energy – Driving the green economy
- Who are the two mysterious female tycoons holding 52 million HQC shares?
- GDP growth target for 2025: Aiming for a breakthrough pace
- “Green treasure” in the heart of the Mekong Delta
- Việt Nam sets import tariff quotas for salt and poultry eggs in 2025
- Brandnew e-commerce law to address policy gaps
- Bến Tre sets ambitious economic goals in 2025
- Chopin: The magical piano – Touching the heart and emotions of the audience
- The collaboration between Green power and Huawei: A major step in developing a 100MWp solar energy project
- VITA VINA: Where dreams of vocational study abroad take flight
- Green Power and Green Carbon Group sign cooperation agreement for development
- Vinpearl, Hoa Sen Group, Bim Group, and Thành Thành Công – Biên Hòa are the most favored employers
- “Imposing high taxes on short-term real estate purchases reduces market liquidity”
- The policies shaping the future of the United States
- Proposal to provide financial support for troubled BOT traffic projects
- Vietnam promotes a strategy to penetrate the Middle Eastern Halal market
- Request to thoroughly resolve real estate issues and avoid "criminalization"
Đọc thêm Business
Rice export prices expected to rebound soon due to limited supply
The Vietnam Food Association (VFA) has forecasted that rice exports in 2025 will reach 7.5 million tons. The rice market is currently at its lowest point, but it is anticipated that importers will soon ramp up purchases, driving prices upward.
GDP growth target for 2025: Aiming for a breakthrough pace
According to the proposal, Vietnam's national GDP growth target for 2025 must reach at least 8%, laying a solid foundation for achieving double-digit growth rates.
Economic expert Võ Trí Thành assessed: President Donald Trump’s new trade policy will impact Vietnam
According to Dr. Võ Trí Thành, Director of the Institute for Brand and Competitive Strategy Research, Donald Trump’s new trade policy will have significant effects on Vietnam’s economy. He also provides strategic recommendations for businesses.
Vietnam's market advantage: Investment opportunities in a new context
Balancing interests, striving for a 7.5% GDP growth, enhancing international cooperation, promoting technological innovation, and developing appropriate foreign policies are the "keys" for the nation and businesses to overcome challenges.
Việt Nam sets import tariff quotas for salt and poultry eggs in 2025
The Ministry of Industry and Trade has announced import tariff quotas for salt and poultry eggs for 2025, aiming to meet domestic production and consumption needs.
Brandnew e-commerce law to address policy gaps
The proposed law seeks to address gaps in existing regulations and keep pace with technological advancements and evolving business models.
Bến Tre sets ambitious economic goals in 2025
The southern province of Bến Tre eyes ambitious goals to develop its industrial sectors, increase investment, and improve the business environment.
The collaboration between Green power and Huawei: A major step in developing a 100MWp solar energy project
On January 13, 2025, a significant milestone in the clean energy sector was achieved as Green Power Company (Vietnam) and Huawei Group (China) officially signed a Memorandum of Understanding (MOU).
Green Power and Green Carbon Group sign cooperation agreement for development
On January 2, 2025, the collaboration between Vietnam-based Global Green Power and Green Carbon Group marks a testament to continuous efforts in promoting sustainable development through the application of green technology.
Korean businesses wants to import agricultural and seafood products from Ca Mau
Korean businesses have expressed a desire to import agricultural and seafood products from Vietnam, while also researching and developing cosmetics and pharmaceuticals from the unique ingredients of Ca Mau.