diff --git a/components/eppp_link/.cz.yaml b/components/eppp_link/.cz.yaml
index 4f739e749..a9f333340 100644
--- a/components/eppp_link/.cz.yaml
+++ b/components/eppp_link/.cz.yaml
@@ -3,6 +3,6 @@ commitizen:
   bump_message: 'bump(eppp): $current_version -> $new_version'
   pre_bump_hooks: python ../../ci/changelog.py eppp_link
   tag_format: eppp-v$version
-  version: 0.2.0
+  version: 0.3.0
   version_files:
   - idf_component.yml
diff --git a/components/eppp_link/CHANGELOG.md b/components/eppp_link/CHANGELOG.md
index c3fe45585..b090974d5 100644
--- a/components/eppp_link/CHANGELOG.md
+++ b/components/eppp_link/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.3.0](https://github.com/espressif/esp-protocols/commits/eppp-v0.3.0)
+
+### Features
+
+- Add support for TUN interface ([2ff150c3](https://github.com/espressif/esp-protocols/commit/2ff150c3))
+- Add support for transport via Ethernet link ([a21ce883](https://github.com/espressif/esp-protocols/commit/a21ce883))
+
 ## [0.2.0](https://github.com/espressif/esp-protocols/commits/eppp-v0.2.0)
 
 ### Features
diff --git a/components/eppp_link/idf_component.yml b/components/eppp_link/idf_component.yml
index 44d0bf8d9..e79a3f5e8 100644
--- a/components/eppp_link/idf_component.yml
+++ b/components/eppp_link/idf_component.yml
@@ -1,4 +1,4 @@
-version: 0.2.0
+version: 0.3.0
 url: https://github.com/espressif/esp-protocols/tree/master/components/eppp_link
 description: The component provides a general purpose PPP connectivity, typically used as WiFi-PPP router
 dependencies: