Vietnam: Method for determination of total permissible electricity transmission revenue

08:43, 08/03/2017

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

According to Circular No. 02/2017/TT-BCT of the Ministry of Industry and Trade of Vietnam, total permissible electricity transmission revenue in Year N () including permissible capital costs (), permissible operation and maintenance costs () and adjustments to revenue in Year N shall be determined in following formula:

Where:

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

: The National Power Transmission Corporation’s total permissible costs for operation and maintenance of the electricity transmission network in Year N (VND);

: Adjustments to revenue in Year N including expected deposit interests in Year N of the National Power Transmission Corporation (based on deposit interests in Year N-2), expected receipts from disposal of fixed assets, materials and equipment in Year N (based on the disposal plan in Year N).

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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