Ho Chi Minh City seeks to expand direct power purchases to LNG plants
The proposal would broaden Ho Chi Minh City’s direct power purchase mechanism to LNG power generators and customers in industrial and high-tech zones, with transactions limited to private connection grids. Ho Chi Minh City promotes rooftop solar growth under Decree 243 Gov't extends tax, land rent deadlines, raises rooftop solar power sales cap Rooftop solar needs policy push to unlock potential…
Ho Chi Minh City aims to expand direct power purchase mechanisms to include LNG power plants and industrial zone consumers. The HCMC People's Committee has submitted a draft resolution to the city council, proposing changes outlined by the Urban Development Law. The current regulations, governed by Decree 57/2025/ND-CP and amended under Decree 243/2026/ND-CP, only permit participation from specific groups of renewable energy generators and large electricity consumers.
However, businesses in Ho Chi Minh City are keen to buy electricity directly from renewable sources, particularly in industrial parks and high-tech zones. By expanding eligibility to private connection grids, the city seeks to include LNG thermal power plants and those in various industrial zones. This change would allow investors to directly seek customers for the remaining 35 percent of electricity output, complying with EVN's commitment to purchase at least 65 percent.
The proposal aims to stimulate export capacity, investment attraction, and renewable energy development without altering the city's extensive power infrastructure or the existing national grid system.
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