On 10 April 2025, the Ministry of Industry and Trade
("MOIT") issued Decision 988/QĐ-BCT, which sets
forth the electricity price framework applicable to solar power
plants for the year 2025. This framework, issued by the MOIT,
ensures transparency and consistency in pricing, serving as the
foundation for agreements between power generation units and
Electricity of Vietnam ("EVN").
KEY ELECTRICITY PRICE:
The electricity price framework for 2025, applicable
specifically to solar power plants, outlines the maximum allowable
tariffs across regions and plant types. Below are the detailed
provisions:
1. Ground-Mounted Solar Power Plants (Without Battery
Storage Systems):
- Northern Region: Maximum price of 1,382.7 VND/kWh (excluding
VAT).
