{"id":598,"date":"2017-09-05T15:41:43","date_gmt":"2017-09-05T08:41:43","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/vietnam\/?p=598"},"modified":"2017-09-06T09:36:15","modified_gmt":"2017-09-06T02:36:15","slug":"vietnam-blowin-in-the-wind-the-new-feed-in-tariff-fit-what-you-must-know","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/vietnam\/2017\/09\/05\/vietnam-blowin-in-the-wind-the-new-feed-in-tariff-fit-what-you-must-know\/","title":{"rendered":"Vietnam Wind Power is taking off  &#8211; The new Feed in Tariff &#8211; what you must know:"},"content":{"rendered":"<p>Decision No. 37 of the Prime Minister on supporting regime for wind power projects provides an FIT of 7.8 UScent\/ kWh. This FIT applies to two current projects in operation in Binh Thuan, namely Phu Lac and Binh Thuan No. 1. For Bac Lieu near shore wind project, the FIT follows a special financial regime, being 9.8 UScent\/kWh. However, with the current FIT, the Ministry of Industry and Trade (<strong><em>MOIT<\/em><\/strong>) opines that it will be difficult for these plants to recover their investment capital.<\/p>\n<p>Thus, the MOIT has recently proposed the Government to increase wind FIT for inland wind power plants to 8.77 UScent\/ kWh and to 9.97 UScent\/kWh for near shore wind projects. This proposal is expected to attract more investors in the market as well as create incentive for current projects whose pre-feasibility reports have been approved by the MOIT to come into real operation.<\/p>\n<p>***<\/p>\n<p>If you have any question on the above, please do not hesitate to contact Dr. Oliver Massmann under <a href=\"mailto:omassmann@duanemorris.com\">omassmann@duanemorris.com<\/a>. Dr. Oliver Massmann is the General Director of Duane Morris Vietnam LLC.<\/p>\n<p>Thank you very much!<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Decision No. 37 of the Prime Minister on supporting regime for wind power projects provides an FIT of 7.8 UScent\/ kWh. This FIT applies to two current projects in operation in Binh Thuan, namely Phu Lac and Binh Thuan No. 1. For Bac Lieu near shore wind project, the FIT follows a special financial regime, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/vietnam\/2017\/09\/05\/vietnam-blowin-in-the-wind-the-new-feed-in-tariff-fit-what-you-must-know\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Vietnam Wind Power is taking off  &#8211; The new Feed in Tariff &#8211; what you must know:&#8221;<\/span><\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[636,635,189,190,202,432,201,92,26,622],"ppma_author":[1007],"class_list":["post-598","post","type-post","status-publish","format-standard","hentry","category-vietnam-general","tag-decision-17","tag-fit","tag-investor","tag-lawyer","tag-massmann","tag-moit","tag-oliver","tag-power","tag-vietnam","tag-wind-energy"],"authors":[{"term_id":1007,"user_id":24,"is_guest":0,"slug":"omassmann","display_name":"Dr. Oliver Massmann","avatar_url":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-content\/uploads\/sites\/19\/2014\/08\/massmannoliver-125x150.jpg","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/posts\/598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/comments?post=598"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/posts\/598\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/media?parent=598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/categories?post=598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/tags?post=598"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/vietnam\/wp-json\/wp\/v2\/ppma_author?post=598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}