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THE MINISTRY OF
INDUSTRY AND TRADE OF VIETNAM
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THE SOCIALIST
REPUBLIC OF VIETNAM
Independence – Freedom – Happiness
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No: 1007/QD-BCT
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Hanoi, April 14,
2025
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DECISION
APPROVING
THE PRICE BRACKET FOR ELECTRICITY IMPORTED FROM LAOS TO VIETNAM FROM DECEMBER
31, 2025
THE MINISTER OF INDUSTRY AND TRADE
Pursuant to the Law on Electricity dated
November 30, 2024;
Pursuant to Decree No. 40/2025/ND-CP dated
February 26, 2025, of the Government on the functions, tasks, powers and
organizational structure of the Ministry of Industry and Trade;
Pursuant to Coal Power and Power Purchase
Agreements signed on January 09, 2025 between the Government of the Socialist
Republic of Vietnam and the Government of the Lao People's Democratic Republic;
Pursuant to Circular No. 09/2025/TT-BCT dated
February 1, 202,5 of the Minister of Industry and Trade on the documentation,
procedures, methods for determining and approving the price bracket for
electricity generation; documentation, procedures for developing and approving
the price bracket for imported electricity;
Considering the request of the Vietnam
Electricity (EVN) in document No. 1771/EVN-TTD dated March 20, 2025;
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HEREBY DECIDES:
Article 1. Approval of the
price bracket for electricity imported from Laos to Vietnam from December 31,
2025
Ceiling prices (maximum price) for electricity imported
from Laos to Vietnam for different types of power plants operating commercially
from December 31, 2025 are as follows:
- For hydropower plants: 6,95 USCent/kWh.
- For coal power plants: 7,02 USCent/kWh.
- For wind power plants: 6,95 USCent/kWh.
- The price bracket for electricity imported from
Laos to Vietnam for power plants or part of power plants that operate
commercially from December 31, 2025 to December 31, 2030.
- Electricity prices are determined at the
Vietnamese border, and the parties are responsible for investing in,
constructing, and operating transmission lines in each country to the border.
- The term of the power purchase contract is 25
years.
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- For wind power plants, EVN (or the authorized
unit) is responsible for negotiating with developers of imported electricity
projects and representatives of the Ministry of Energy and Mines of Laos based
on the ceiling price (maximum price) specified in Article 1 hereof.
Article 2. Implementation
Based on the price bracket for electricity imported
from Laos specified in Article 1 hereof, EVN and the developers of projects on
electricity imported from Laos shall negotiate the power purchase price on the
principle that benefits are harmonized and risks are shared and according to
the market mechanism and market price, ensuring the principle of maximum
savings in power purchase cost.
Article 3. Implementation
clauses
1. This Decision comes into force from the date on
which it is signed
2. Decision No. 2647/QD-BCT dated October 8, 2024,
of the Ministry of Industry and Trade approving the price bracket for
electricity imported from Laos to Vietnam from December 31, 2025 is annulled.
3. The Chief of the Ministry Office, Director
General of the Department of Legal Affairs, General Director of Vietnam
Electricity, relevant organizations and individuals are responsible for
implementing this Decision./.
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