The Ministry of Industry and Trade of Vietnam (MOIT) recently issued Circular No. 57/20201 replacing Circular No. 56/2014,2 on the method of determining tariffs and PPA negotiation and appraisal procedures for conventional power projects (including LNG-to-power, hydropower and other thermal power). Circular No. 57 generally retains the key principles on tariff determination and negotiation of the PPA draft, and provides for, among other things, updates to the principles and method of determining tariffs and the re-introduction of re-negotiation on tariffs and the PPA based on the finalized investment capital of the project. Circular No. 57 aims to provide for a more streamlined regulation with regard to the negotiation and implementation of tariff and the PPA, which is one of the key concerns of investors/developers of conventional power projects.
The Latin America energy, mining and infrastructure industry is transitioning to a new normal. The evolving market conditions…
On or about March 8, 2021, US Customs and Border Protection (CBP) posted on its website a Fact Sheet…
UK sanctions On 18 February 2021, the UK announced sanctions against Myanmar military generals for serious human rights violations, which come into force immediately. The Foreign Secretary Dominic Raab has announced there are 3 individuals subject to immediate asset freezes and travel bans for serious human rights violations by the military and…
Companies are facing critical business challenges in regard to their most important asset – their people. While workforce…
In the wake of the administration change in the U.S. and continued growth in sustainability obligations around the…
The government has announced that due to the continuing impact of the pandemic, the gender pay gap reporting deadline for the 2020/21 reporting period will be extended by six months to 5 October 2021 for qualifying employers in the private sector. Employers are, however, encouraged to report their figures before the deadline.
Our lawyers present a session on Supply Chain: Environmental and Human Rights Due Diligence as part of our…
The EAT has held that an employer could not rely on the defence under the Equality Act that it had taken all reasonable steps to prevent harassment, as its diversity training had become “stale”. The EAT confirmed that when looking at whether the step relied on by the employer, here diversity training, was reasonable, “it is not sufficient merely to ask whether there had been training, consideration has to be given to the nature of the training and the extent to which it was likely to be effective.”
As part of a series of podcasts from our ESG Debt & Equity group, this podcast focuses on sharing helpful tips and insights for those considering undertaking ESG-related bonds and loans.