Quyết định 1198/QĐ-BCT phê duyệt khung giá phát điện loại hình nhà máy thủy điện tích năng năm 2025 do Bộ trưởng Bộ Công Thương ban hành

DECISION

ON APPROVAL OF ELECTRICITY GENERATION PRICE BRACKET OF PUMPED STORAGE HYDROPOWER PLANTS IN 2025

THE MINISTER OF INDUSTRY AND TRADE

Pursuant to the Law on Electricity dated November 30, 2024;

Pursuant to Decree No. 40/2025/ND-CP dated February 26, 2025 of the Government on functions, responsibilities, jurisdiction and organizational structure of the Ministry of Industry and Trade;

Pursuant to Circular 09/2025/TT-BCT dated February 01, 2025 of Minister of Industry and Trade on application, procedures, and methods of determining and approving the electricity generation price bracket; regulations on application, procedures, and approval of the electricity import price bracket.

In consideration of proposals of the Vietnam Electricity in Documents No. 1771/EVN-TTD dated March 20, 2025 and No. 2516/EVN-TTD dated April 18, 2025;

At the request of the Director General of the Electricity Authority of Vietnam.

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Article 1. Approval of electricity generation price bracket of pumped storage hydropower plants in 2025

1. The maximum electricity generation price bracket in 2025 of pumped storage hydropower plants in accordance with point a clause 2 Article 1 of Circular No. 09/2025/TT-BCT is 3.457,02 VND/kWh (VAT not included).

2. The indicators used for calculation of maximum electricity generation price bracket of pumped storage hydropower plants in 2025 shall comply with regulations attached to this Decision.

Article 2. Implementation

Based on the electricity generation price bracket prescribed in Article 1 of this Decision, Vietnam Electricity (hereinafter referred to as “EVN”) shall conclude the power purchase agreement with the electricity generation unit in accordance with regulations on the method for determination of electricity generation price issued by the Minister of Industry and Trade.

Article 3. Effect

1. This Decision comes into force from the day on which it is signed.

2. The Chief of Office, the Director General of the Electricity Authority of Vietnam, the Director General of Legal Affairs Department, the heads units of Ministries, the General Director of the EVN and relevant heads of electricity generation units are responsible to implement this Decision./.

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PP. MINISTER
DEPUTY MINISTER




Nguyen Hoang Long

APPENDIX

ELECTRICITY GENERATION PRICE BRACKET OF PUMPED STORAGE HYDROPOWER PLANTS IN 2025
(Attached to Decision No. 1198/QD-BCT dated April 26, 2025 of the Minister of Industry and Trade)

1. The maximum electricity generation price bracket in 2025 applied to pumped storage hydropower plants is 3.457,02 VND/kWh (VAT not included).

2. The indicators used for calculation of maximum electricity generation price bracket of pumped storage hydropower plants in 2025 are as follows:

- Estimated capacity: 1.188 MW;

- Economic life: 40 years;

- Provisional investment capacity*: 17.934.713 VND/kW;

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- Number of hours of operation at maximum capacity: 1.310 hours/year;

- Averaged annual transmitted electricity: 1.556.280.000 kWh;

- Ratio of pumped electricity to generated electricity: 1.44;

- Unit electricity price for off-peak hours: 1,094 VND/kWh (according to Decision No. 2699/QD-BCT dated October 11, 2024 of the Ministry of Industry and Trade on electricity prices).

* The provisional investment capacity of the pumped storage hydropower plants shall be updated after the feasibility study report is approved, and the basic design is appraised.