New tiered electricity price list will be presented in October

September 5, 2015 14:13

On the afternoon of September 4, Mr. Dinh The Phuc - Deputy Director of the Electricity Regulatory Authority (Ministry of Industry and Trade) said that the Ministry will synthesize and submit to the Government for decision in October.

The above information was announced by Mr. Dinh The Phuc - Deputy Director of the Electricity Regulatory Authority (Ministry of Industry and Trade) at the regular September press conference of the Ministry of Industry and Trade held on the afternoon of September 4.

Calculate the plan

Accordingly, the Electricity Regulatory Authority will calculate the retail electricity price list. At the same time, the Ministry of Industry and Trade is asking EVN to calculate the plan to improve the retail electricity price. In October, the Ministry will synthesize and submit to the Government for decision on the new electricity price list. Currently, the Ministry of Industry and Trade has directed the Electricity Regulatory Authority to recalculate the electricity price list.n.

In addition, the Ministry's leaders also requested EVN to organize workshops in the three regions of North - Central - South to gather opinions from scientists, businesses and people on how to appropriately structure retail prices.

Will carefully consider increasing electricity prices

Also at the regular press conference of the Ministry of Industry and Trade on the afternoon of September 4, a representative of the Electricity Regulatory Authority informed about the proposal to allocate exchange rate differences into electricity prices of a number of corporations.

According to Mr. Dinh The Phuc - Deputy Director of the Electricity Regulatory Authority, for enterprises with foreign currency loan contracts for investment and material purchase costs, the exchange rate adjustment will be affected. Therefore, the Electricity Regulatory Authority has asked power generation units, including EVN and TKV, to carefully calculate the exchange rate impact.

According to the representative of the Electricity Regulatory Authority, the exchange rate difference has a great impact on the cost of electricity production and the financial balance of enterprises. Therefore, before proposing to increase the retail electricity price, it is necessary to calculate carefully because the electricity price has a great impact on people's lives and business production.

In response to the proposals of businesses, Mr. Do Thang Hai - Deputy Minister of Industry and Trade said that electricity is an essential commodity for production life, so any adjustments will be carefully calculated. Therefore, within the authority of the Ministry of Industry and Trade, it will coordinate with relevant agencies, make recommendations and report to the Prime Minister.

According to Labor

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New tiered electricity price list will be presented in October
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