Power purchase contract serving domestic purposes in Vietnam

Households and individuals (including tenants renting for residential purposes) who wish to register to purchase electricity shall proceed to sign a power purchase contract serving domestic purposes in Vietnam with the electricity seller (electricity retail unit) as per the following template:

 Contract on power purchase and sale (with 9 attached framework clauses)*

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

---------------

………... …., date…. month….. year…..

CONTRACT

POWER PURCHASE SERVING DOMESTIC PURPOSES

Contract Number…………….

Pursuant to Civil Code 2015;

Pursuant to Electricity Law dated December 3, 2004; Amendment and Supplement Law to the Electricity Law dated November 20, 2012;

Pursuant to Decree 137/2013/ND-CP dated October 21, 2013 of the Government of Vietnam detailing the implementation of certain articles of the Electricity Law and the Amendment and Supplement Law to the Electricity Law;

Based on the electricity purchasing demand of the Buyer,

We, the undersigned, include:

Seller of Electricity (Party A):........................................................................................................................

Represented by Mr./Ms.:............................................... Position:............................................................

Under authorization document No.:.................................. dated……… month…………. year...................

Authorized by Mr./Ms.:............................................................. Position .............................. signed.

Address:...................................................................................................................................................

Telephone number:…………………..Fax number:………………….. Email:..................................................

Account number:........................................................... At Bank:.................................................

Tax code:……………………………… Customer care phone number:..........................

Buyer of Electricity (Party B): Represented by Mr./Ms.:.................................................................................

Address:...................................................................................................................................................

ID/Passport number:……………………..Issued on…….month……year……At...........................

Telephone number:.......................................................... Email:..................................................................

Notification phone number:.............................................................................................................

Under authorization document dated……….month……...year…………by..................................................

Number of shared users:................................................ (attached list).

Account number:........................................................... At Bank:................................................

Both parties agree to sign the contracts on electricity purchase and sale with the following contents:

Article 1. Specific Contents

  1. Both parties agree to apply the GENERAL attached to this Contract.

  2. Address for electricity use:......................................................................................................................

  3. Location for determining power quality:............................................................................................

  4. Location for installing the electric meter:.....................................................................................................

  5. Payment methods and terms:

a) Payment method:

□ Deposit into Party A's account                                     □ Cash

At............................................................................................................................................................

b) Payment term: …… days from the date Party A issues the first payment notice.

c) Payment notice method (written document, fax, telephone, email, SMS, etc.)……

Article 2. Other Agreements

.................................................................................................................................................................

.................................................................................................................................................................

Article 3. Execution Terms

This Contract shall be effective from day ... month ... year ... (or from the signing date of the contract) until day ... month ... year ... (or until the contract is amended, supplemented, or terminated).

During the execution period, if either party requests termination, amendment, or supplementation of the content signed in the Contract, it should notify the other party 15 days in advance for mutual resolution.

This Contract is made in 02 copies, each party keeps 01 copy, both have equal legal value./.

PARTY B
(Sign and clearly print full names)
PARTY A
(Sign, clearly print full names, and stamp)

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

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  • Address: 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City
    Phone: (028) 7302 2286
    E-mail: info@lawnet.vn
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;