Recently, the Government Office has received proposals from
several provincial People's Committees on extending the current
wind FiTs because many projects are being delayed due to the
Covid-19 pandemic, especially the forth wave of Covid-19 since May
2021 that resulted in (almost) nationwide lockdown. Under Decision
39/2018/QD-TTg of the Prime Minister regarding development of wind
power projects in Vietnam, the current wind FiTs end on 1 November
2021.
The current FiTs are as follows:
With regard to onshore wind power projects: The purchase price
at the delivery point is VND 1,928 per kWh, excluding VAT and
equivalent to 8.5 UScents/kWh according to the USD/VND exchange
rate quoted by the State Bank of Vietnam on 30 August 2018 - USD 1
= VND 22,683. The electricity purchase price shall be adjusted
according to the VND/USD exchange rate.
