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Surya Prakash Vietnam Energy Company develops first solar power project in Vietnam under new Vietnamese solar power regulations

August 2018

Client(s) Shapoorji Pallonji Infrastructure Capital Company Pvt. Ltd.

Jones Day is advising Surya Prakash Vietnam Energy Company Limited, a subsidiary of India's Shapoorji Pallonji Infrastructure Capital, in connection with its Phase 1 development of a 50MW grid connected solar power project in Ninh Thun Province in Vietnam. Surya Prakash Vietnam Energy Company Limited has entered into a 20 years' power purchase agreement with the Electricity Power Trading Company of Vietnam making this the first power purchase contract signed for a solar project in Vietnam.

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