Vietnam: Electricity transmission price determination method

08:32, 08/03/2017

On February 10, 2017, the Ministry of Industry and Trade of Vietnam issued Circular No. 02/2017/TT-BCT, which specifies electricity transmission price determination method.

According to Circular No. 02/2017/TT-BCT of the Ministry of Industry and Trade of Vietnam, electricity transmission price determination method is guided as follows:

- Annual electricity transmission price shall be applied uniformly across the country regardless of transmission and delivery point distance.

- Electricity transmission price shall be annually determined on the principle of ensuring recovery of appropriate expenses and gaining permissible profits to maintain normal operation of the electricity transmission network as required and meet financial criteria for investment and development of electricity transmission network.

- Electricity transmission price of Year N () shall be based on total permissible electricity transmission revenue in Year N of the National Power Transmission Corporation and total generation output expected in Year N, and calculated in the following formula:

Where:

Total permissible electricity transmission revenue in Year N of the National Power Transmission Corporation (VND);

Total generation output expected in Year N (kWh).

View more details at Circular No. 02/2017/TT-BCT of the Ministry of Industry and Trade of Vietnam, effective from March 27, 2017.

-Thao Uyen-

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