Vietnam: Electricity transmitting Unit contributing capital to establish the electricity generating Unit shall be imposed a fine

The Government of Vietnam has just issued the Decree No. 134/2013/NĐ-CP stipulating the sanction against administrative violation in the field of electricity, safety of hydroelectric dam, thrifty and effective use of energy.

phat tien don vi truyen tai dien gop von thanh lap don vi phat dien, Nghị định 134/2013/NĐ-CP

According to Clause 5 Article 8 of the Decree No. 134/2013/NĐ-CP of Vietnam’s Government, a fine of between 50,000,000 dong and 60,000,000 dong shall be imposed on the electricity transmitting Unit for contributing capital to establish the electricity generating Unit or purchase shares of the electricity generating Unit.

This fine shall also be imposed on the electricity transmitting Unit for:

- Failing to build or delay the building of power grid from the connection point of the electricity generating Unit and electricity distributing Unit when such units have met the conditions and technical standard and regulation on connection to the national electricity system without plausible reason certified by the electricity regulating Organ.

- Failing to provide transmission services improperly as specified in the Regulation on transmission power system, causing damage to the power generating Unit, the power distributing Unit or customers using electricity directly connected to the power transmission grid, except for overloading of power grid as certified by the electricity regulating Organ.

In addition to the main forms of sanction, the electricity transmitting Unit shall be subject to the following remedial measures which is coercive recovery of capital contributed or purchased of the electricity generating Unit.

View full text at Decree No. 134/2013/NĐ-CP of Vietnam’s Government, effective from December 01, 2013.

Thu Ba

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