The National Assembly discussed a series of draft laws and the revised Electricity Law.

On November 7, the National Assembly discussed in the hall the draft Law amending and supplementing a number of articles of the Securities Law, the Accounting Law, the Independent Audit Law, the State Budget Law... and the amended Electricity Law.

Thai Thuy District Electricity Company ( Thai Binh ) staff fix electrical problems.

On November 7, the National Assembly continued its working session. In the morning, delegates discussed in the hall the draft Law amending and supplementing a number of articles of the Securities Law, the Accounting Law, the Independent Audit Law, the State Budget Law, the Law on Management and Use of Public Assets, the Tax Administration Law and the Law on National Reserves.

Following that, the Deputy Prime Minister and Minister of Finance explained and clarified a number of issues raised by National Assembly deputies.

During the afternoon session, delegates discussed in the hall the draft Law on Electricity (amended). The Minister of Industry and Trade explained and clarified a number of issues raised by National Assembly delegates.

According to the Minister of Industry and Trade, the 2004 Electricity Law and its amendments and supplements have established a legal framework for electricity activities and electricity use, protecting the legitimate interests of electricity customers and organizations operating in the electricity sector, meeting the increasing demand for electricity and contributing to promoting the country's socio-economic development.

However, after nearly 20 years of implementation and through 4 amendments and supplements to a number of articles, the practice of implementing the law on electricity shows that there are still a number of issues that the provisions of the current Electricity Law have not yet met. Therefore, the Electricity Law needs to be amended and supplemented to meet the goal of implementing the Party's policies on the energy sector in general and electricity in particular, especially the goal of ensuring national energy security, strengthening the assignment and decentralization, improving the effectiveness of state management of electricity, promptly adjusting social relations arising in the practice of electricity activities and electricity use.

The Draft Law on Electricity (amended) consists of 9 chapters with 130 articles. The Draft Law inherits and mainly amends 62 articles on general regulations, granting of electricity operation licenses, electricity market, electricity purchase and sale, electricity prices, rights and obligations of electricity units and electricity customers, protection of electricity works and electrical safety. The Law on Electricity (amended) removes 4 articles (propaganda, dissemination and education of law; dossiers of application for granting, amending and supplementing electricity operation licenses; rights and obligations of specialized electricity consulting units; electricity inspection), and merges 4 articles into other articles (mainly on development policy content on investment, electricity saving and electricity prices).

The draft also adds 68 articles including contents on power development planning, bidding policies for investors in power source projects, policies on handling emergency power sources, policies on development and operation of gas-fired thermal power plant projects, power source projects invested under the public-private partnership method applying build-operate-transfer contracts, policies on renewable energy (solar power, especially regulations on offshore wind power development), new energy with appropriate scientific and technological advances (such as hydrogen). In addition, there is a direct electricity trading mechanism, fully implementing all levels of the competitive electricity market, moving towards eliminating cross-subsidy of electricity prices between economic sectors, types of electricity prices, electricity trading prices based on time of day, multi-component electricity prices.../.

According to VNA

Source: https://baobinhduong.vn/quoc-hoi-thao-luan-mot-loat-du-an-luat-va-luat-dien-luc-sua-doi-a334924.html