Proposal to appoint a partner to choose a partner to build Ninh Thuan nuclear power plant

Vietnam restarted the Ninh Thuan nuclear power project, expected to operate (generate electricity) in 2030 to ensure economic and social development. In particular, Ninh Thuan 1 factory is located in Phuoc Dinh commune, Thuan Nam district; And Ninh Thuan 2 factory in Vinh Hai commune, Ninh Hai district.

At the discussion session of the Standing Committee of the National Assembly on the afternoon of February 10 on the draft resolutions and specific mechanisms of building Ninh Thuan nuclear power, the Government proposed a series of specific mechanisms to bring the project operating in The next 5 years.

Under the authorization of the Prime Minister, Minister of Industry and Trade Nguyen Hong Dien read the report, proposing that the Prime Minister is allowed to assign the investor to implement the project. The negotiation of partners signing an inter -government agreement on cooperation and state credit funded to build a nuclear power plant is conducted in parallel with the approval of adjusting investment policies and project approval.

After the National Assembly approved the policy (expected at the meeting in May 2025), the Government was allowed to select the contractor, apply the “key turnover” contract when setting up investment projects and designs , providing technology equipment, construction. The “key turnover” contract is in addition to the design, supply of materials, equipment, construction, selected contractors also need to set up construction investment projects. Terms of purchase of insurance for supplies, equipment and nuclear fuel supply for the first loading volume.

The Government proposes to apply the “Turnkey” bidding package to build a factory with the contractor named in the Inter -Government Agreement. This form can be applied to consulting packages in the investment preparation phase, including consulting to help investors negotiate, manage contracts or verify investment projects, design drawing drawings. …

Direct negotiations, shortened contractors are also applicable to partners of nuclear fuel supply for the factory, operation and maintenance for 5 years from the time the project is put into use.

Reviewing this content, the Committee for Science, Technology and Environment said that some of the proposed specific mechanisms are not under the authority of the National Assembly or not directly related to the construction of Ninh Thuan nuclear power plant. . For example, policies on credit loans and budget allocation with Ninh Thuan province; The mechanism of exemption to ensure the implementation of investment projects, the order of implementation …

Vietnam has signed an Intergovernmental Agreement in the process of implementing Ninh Thuan nuclear power project in the previous period. Therefore, the verification agency asked the Government to carefully review the selection of partners and technologies in accordance with the signed agreements. This needs to ensure the national, defense and security interests, especially in the context of the world and the region, there are many risks and risks.

The agency also said that the appointment of the “handling key” contract package is reasonable to accelerate the implementation of Ninh Thuan nuclear power project. However, this form can lead to competition, the risk of group interests and lack of transparency.

In order to reduce risks, the Committee asked the Government to supplement the monitoring process such as publicity and contractor selection criteria; Applying strict sanctions if detected negative signs in the process of appointing and performing the contract.

Regarding the order of implementing nuclear power projectMinister Nguyen Hong Dien said the Government proposed the investor, the survey partners, completing the investment project file (FS), the location approval dossier (SAD) in parallel the negotiation process of the Agreement Interdisciplinary, the “turnkey” contract. The investor is also surveyed, prepared and appraised the technical design of construction preparation, main works and clearing mines and bombs after the project was approved for investment.

They may be exempted from reporting to the representative agency of the owner of the investment project, the plan to mobilize capital in accordance with the law. The norm and unit price of the implementation of the recommended items on the basis of negotiations with the project implementation partners.

Regarding the financial plan, capital arrangement, the Government wants the investor to borrow and re -borrow according to preferential conditions. The source of increased revenue and expenditure savings of the central budget is used for the project in case of negotiation of the loan agreement failed, or a small -scale loan.

Investors can use loans, bond capital (government, government storms, construction bonds …) to reciprocate. Domestic banks are exempted from applying the provisions on the total outstanding loans for credit to the investor, for lending to exceed the reciprocal capital limit for the project. This is not included in the total credit balance of banks with the investor, so as not to affect the arrangement of other projects.

Vietnam Electricity Group (EVN) is assigned to be the investor of Ninh Thuan Nuclear Power Plant 1. At the proposal of this specific mechanism, the Government suggested that they can re -evaluate the property of factories Electricity has expired (including the BOT power plant received from the investor, multi -purpose hydroelectricity). This cost is included in the electricity retail price plan, to supplement the corporation’s own capital for the project.

With the National Energy Industry Group (PVN) – the investor of Ninh Thuan 2 factory, they can be retained 32% of the interest is divided by the host country of the oil and gas contracts and the entire interest from the operation Every year of Vietnam – Russia Vietsovpetro.

The investor of the nuclear power project also retains all the remaining after -tax profit to supplement the reciprocal capital during the project implementation period. They are also exempted from the procedures for approving the policy of changing the right to use forests to the project related items.

The Standing Committee of Science, Technology and Environment Committee when verifying the capital mechanism to increase the resources of investors. However, this agency noted the plan to compensate for the reduction of budget revenue from the remaining after -tax profit of businesses.

Vietnam estimates about 2,400 human resources for this nuclear power project. But according to the verification agency, the draft Resolution has not had a specific mechanism with human resources (training, remuneration, attracting human resources …) or on land and planning to facilitate liberation. ground.

“This is a specific industry, requiring high professional skills. Without the appropriate human resource policy, it will be difficult to proactively implement and operate the project in the immediate future and long term,” the verification report stated stated .

The agency also said that “Ninh Thuan nuclear power project is difficult to operate in 2030 as the Government mentioned”. Because according to international experience, it takes about 8 years to complete a nuclear power project.

Not to mention, the project is very large, first implemented in Vietnam, requiring great resources. “It is necessary to research and have solutions to ensure project operation landmarks. The Government and Ninh Thuan province need to be committed to responsibility for the effectiveness, progress and quality of the project”, the standing authority of verification agencies Note more.

In addition to the mechanism for investors, Ninh Thuan province also applies a number of specific policies. Accordingly, every year the central budget supplemented with the target for the province to 70% of the source increasing the revenue from the implementation of the nuclear power project. The province is also re -borrowed from ODA and foreign preferential loans with a total outstanding loan of up to 90% of local budget revenues enjoyed as decentralized.

In addition, the province is applied a number of specific mechanisms in the licensing of mineral exploitation as construction materials provided to the nuclear power project. Particularly with the mechanism of handling the overlapping of titanium mineral planning with the project, the province is proposed to handle according to the shortened process, exempting the procedures for approving the policy of adjusting the mineral reserve area.

With these specific policies, the Committee for Science, Technology and Environment Note that it is necessary to clearly define capital use goals and monitoring mechanisms to avoid budget imbalance and risk of public debt.

In 2024, the total installation capacity of the electricity system was about 85,000 MW. This capacity can reach 150,000 MW in 2030, and increase to 400,000-500,000 MW to 2050, according to the VIII Electrical Plan.

Vietnam aims to grow economic growth over 8% this year and two digits from 2026. That is, the demand for electricity growth is about 12-14% each year. Therefore, the development of nuclear power will help Vietnam diversify supply, ensure energy security and achieve economic growth goals, net emissions of zero (net zero) in 2050 as committed at COP26.

The draft resolution of the specific mechanism for Ninh Thuan nuclear electricity project will be considered and resolved by the National Assembly at an extraordinary meeting, opening on February 12.

Mr. Minh