PROJECT OBJECTIVE

The objective of the REDP is to increase the supply of electricity to the national grid from renewable  energy sources on a commercially, environmentally and socially sustainable basis. The REDP has  three components: (i) Investment Implementation; (ii) Regulatory Development and (iii) Pipeline Project Development. The investment component provides refinancing facility for renewable subprojects, in which nine small hydropower sub-projects with total capacity of 125.7 MW were  approved and being implemented. GDE is implementing several technical assistance activities through two other components to strengthen the capacity of government agencies and stakeholders for developing the sizable renewable energy resources in Vietnam.