Electricity generation price frame in 2017

The Minister of Industry and Trade has just issued the 2017 electricity price framework. Accordingly, the electricity price framework applied depends on the type and technology of electricity generation.

For coal-fired thermal power plants, the ceiling is 1,568.70 VND/kWh. The coal price is regulated at 1,301,665 VND/ton. The type of coal used is 6a.1 fine coal. For hydropower, the electricity generation price is 1,070 VND/kWh. Compared to the unchanged electricity generation price frame compared to 2016.

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However, the Ministry of Industry and Trade emphasized that the ceiling price of electricity generation does not include water resource tax, forest environmental service fee and value added tax.

This electricity price framework takes effect from January 1, 2017. During the implementation process, if there are any difficulties or problems, the Minister of Industry and Trade requests that Vietnam Electricity Group report to the Electricity Regulatory Authority for consideration and resolution.

Regarding the above costs, Decree 147 of the Government, effective from January 1, 2017, has adjusted the payment level for forest environmental services for hydropower production facilities from 20 VND/kwh to 36 VND/kwh and for clean water production facilities from 40 VND/m3 to 52 VND/m3.

The payment rate for forest environmental services applied to hydropower production facilities is 36 VND/kwh of commercial electricity.

The electricity output used to calculate service payments is the electricity output of hydropower plants sold to electricity buyers under power purchase agreements. The amount to be paid during the payment period is determined by multiplying the electricity output during the payment period (kWh) by the payment rate per 1kWh (VND 36/kWh).

According to Bach Duong/vneconomy