14:30 05/02/2025

EVN bet88 net Petrovietnam assigned to head up nuclear power plant project

Viet An

Both nuclear power plants need to be completed before December 31, 2031, at the latest.

 Prime Minister Pham Minh Chinh at bet88 net second meeting of bet88 net Steering Committee for bet88 net construction of nuclear power plants. (Source: VGP).
Prime Minister Pham Minh Chinh at the second meeting of the Steering Committee for the construction of nuclear power plants. (Source: VGP).

In his conclusion at the second meeting of the Steering Committee for the construction of nuclear power plants on February 4, Prime Minister Pham Minh Chinh assignedVietnam Electricity (EVN)bet88 net Petrovietnam as the investors of the Ninh Thuan 1 bet88 net Ninh Thuan 2 nuclear power plants, respectively.

Completion required by December 31, 2031

According to a report presented at the meeting, the Ninh Thuan nuclear power project comprises two plants, each consisting of two reactors. Ninh Thuan 1 will be located in Phuoc Dinh Commune, Thuan Nam District, while Ninh Thuan 2 will be situated in Vinh Hai Commune, Ninh Hai District, in the south central province of Ninh Thuan.

Prime Minister Phạm Minh Chính emphasized that the development of nuclear power bet88 net the construction of nuclear power plants—considered key national projects—is a major, complex bet88 net sensitive issue that requires focused effort, intellectual investment, bet88 net the mobilization of the entire political system.

Recognizing the strategic importance of the project, the Prime Minister directed that its completion timeline be accelerated compared to previous projections, setting a firm deadline of December 31, 2031, at the latest.

Regarding the selection of international partners, the Prime Minister instructed EVN, Petrovietnam, bet88 net relevant agencies to immediately dispatch working groups in February to negotiate with foreign partners, ensuring that backup partners are identified to prepare for all possible scenarios.

The scale, capacity, bet88 net total estimated investment capital of the plants will be determined based on negotiation results with partners bet88 net updated to align with current conditions before submission for approval by the competent authorities.

To ensure adequate human resources, agencies must urgently review bet88 net consolidate personnel who have been trained in nuclear power bet88 net related fields, provide additional training where necessary, bet88 net designate key figures such as the project’s chief commander bet88 net chief engineer., according to the Prime Minister's direction.

Funding for the project will be sourced from the contingency budget of 2025, with immediate procedures required to authorize its use. The provincial government must promptly initiate land clearance bet88 net resettlement efforts, ensuring adequate funding for relocation bet88 net livelihood stabilization for affected residents. Additionally, the province should promote public-private partnerships bet88 net attract investment for the civilian development of projected Thanh Son Airport.

Regulatory bet88 net administrative requirements

The Ministry of Industry bet88 net Trade (MoIT) has been tasked by the PM with urgently submitting an adjustment to the Power Development Plan VIII concerning nuclear power, with a deadline of February 28.

The Prime Minister has also directed the prompt consolidation bet88 net expansion of the Steering Committee's membership bet88 net the establishment of a support team within the MoIT. This team will include experts bet88 net operate under the principles of efficiency, in-depth expertise, professionalism, bet88 net dedicated responsibility.

Additionally, he assigned the Ministry of Science bet88 net Technology to take the lead in swiftly finalizing the draft amendments to the Law on Atomic Energy. The revised law must be prepared for submission to the National Assembly during its upcoming ninth session, ensuring both speed bet88 net quality in the legislative process.

Meanwhile, relevant ministries bet88 net agencies are directed to strengthen cooperation with the International Atomic Energy Agency (IAEA), expedite the evaluation bet88 net approval of necessary procedures, bet88 net propose appropriate regulatory mechanisms bet88 net policies. The project’s contingency funding must be allocated according to legal provisions, with advance disbursements considered if needed—especially for land clearance bet88 net resettlement in Ninh Thuan.

The Ministry of Education bet88 net Training is responsible for planning human resource development for the project, while the Ministry of Natural Resources bet88 net Environment is tasked with assessing the project's environmental impact.

To oversee the project’s progress, the Prime Minister assigned Deputy Prime Minister Bui Thanh Son to take direct charge of coordination efforts, convening monthly meetings to review, implement, bet88 net accelerate tasks with a clear mandate of defining responsibilities, timelines, bet88 net expected outcomes.