NA voting to pass Resolution on number of special mechanisms and policies on investment in construction of NTNPPP

The electronic voting results showed that 459/460 NA deputies participated in the vote in favor, accounting for 96.03% of the total number of NA deputies. Thus, NA officially passed the Resolution on a number of special mechanisms and policies on investment in the construction of NTNPPP.

The special policy on investment in the construction of NTNPPP consists of 5 articles, stipulating a number of special mechanisms and policies on investment in the construction of NTNPPP, including the Ninh Thuan 1 nuclear power plant, the Ninh Thuan 2 nuclear power plant and component projects and a number of special mechanisms and policies applicable to Ninh Thuan province to implement the project.

The Resolution allows the Project to apply special mechanisms and policies such as: Simultaneously implementing negotiations with partners who have signed international treaties or with other partners to sign international treaties on cooperation in construction and credit granting for the implementation of NTNPPP, in parallel with the process of approving adjustments to investment policies and approving investment projects.

National Assembly Chairman Tran Thanh Man and Vice Chairpersons of NA voting to approve Resolution on number of special mechanisms and policies on investment in construction of NTNPPP

The Resolution also stipulates the unified form of contractor selection that is allowed to be applied as a shortened appointment of contractors according to the provisions of the law on bidding activities, such as: Applying the shortened appointment of contractors for the turnkey package of the main plant construction with the contractor in the international treaty. The work scope of the turnkey contract includes the work according to the provisions of the law on construction and the work of preparing documents for site approval, purchasing insurance for the entire scope of the contract (it is allowed to purchase insurance from a foreign insurance company without a branch licensed to establish and operate in Vietnam), supplying nuclear fuel, operating and maintaining the plant for a period of 05 (five) years from the date the project is accepted and put into use.

Apply the form of direct bidding according to the shortened process for important consulting packages in the investment preparation and project implementation stages, including: preparing and reviewing pre-feasibility study reports; consulting to assist investors in negotiating, signing, and managing the implementation of turnkey contracts; reviewing site approval documents, reviewing investment feasibility study reports for construction works, technical designs, construction drawing designs, and specialized reports according to legal regulations; consulting on project management and construction supervision. Apply the form of direct bidding according to the shortened process to appraise technology, safety, security, and inspect nuclear regulations in the investment and construction stages of Ninh Thuan nuclear power projects on the basis of effectively using domestic and international experts and organizations.

NA Delegation of Lang Son province voting to pass Resolution on number of special mechanisms and policies on investment in construction of NTNPPP.

The Resolution only stipulates the bidding appointment for bid packages and jobs with specific characteristics related to technology and nuclear safety, closely linked to and directly serving the implementation of investment in the construction of the main plant.

For the implementation of component projects and other works of the main plant project that domestic units with sufficient capacity and experience can perform, the investor and relevant agencies shall comply with the forms and procedures for selecting contractors according to current bidding laws.

Regarding the financial plan and capital arrangement, the Resolution stipulates: “The Prime Minister approves the policy of increasing the investor's charter capital from the source of revaluation of fully depreciated assets of BOT power plants that have been handed over and multi-purpose hydropower plants to implement the Project with an additional capital level equivalent to the capital level of an important national project”.

At the same time, the preparation of Environmental Impact Assessment Reports shall comply with current laws on environmental protection.

Chairman of Committee for Science, Technology and Environment Le Quang Huy presenting report explaining, accepting, and revising draft Resolution of NA on specific mechanisms and policies on investment in construction of NTNPPP

NA assigns the Government to be responsible for organizing the implementation and management of investment projects in accordance with this Resolution and relevant legal provisions; ensuring that projects are on schedule and of good quality; reporting as required by competent authorities; and promptly implementing projects. Managing and using capital, resources, and other related activities to ensure thrift, efficiency, prevention of corruption, waste, and negativity, ensuring national defense, security, social order and safety, radiation safety, and the environment in accordance with the provisions of this Resolution and other legal provisions; providing full information for people to understand and agree on the project investment policy;

Translator: Mạnh Hùng