Accordingly, the 2024 electricity price framework applies to negotiating electricity purchase and sale contract prices of hydropower plants as prescribed in Point a, Clause 2, Article 1 of Circular No. 57/2014/TT-BCT dated December 19, 2014 of the Minister of Industry and Trade stipulating the method and procedures for developing and promulgating electricity price frameworks.
The electricity generation price frame for hydropower plants in 2024 is determined to be: 0 - 1,110 VND/kWh, excluding related taxes and fees such as water resource tax, forest environmental service fee, water resource exploitation right fee and value added tax.
The Decision also clearly states the responsibility for implementation, requiring Vietnam Electricity Group and power generation units to negotiate electricity purchase and sale prices based on the issued price framework, ensuring compliance with methods for determining electricity generation prices and legal regulations on management of construction investment costs.
Source: https://moit.gov.vn/tin-tuc/thong-bao/bo-cong-thuong-ban-hanh-khung-gia-phat-dien-nam-2024-cho-nha-may-thuy-dien.html
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