Decision 131/QD-BCT promulgating the avoidable cost tariff in 2022

DECISION

On promulgating the avoidable cost tariff in 2022

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THE MINISTER OF INDUSTRY AND TRADE

Pursuant to the Electricity Law dated December 3, 2004 and the Law Amending and Supplementing a Number of Articles of the Electricity Law dated November 20, 2012;

Pursuant to the Government’s Decree No. 98/2017/ND-CP dated August 18, 2017, defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade;

Pursuant to the Circular No. 3 2 / 2 0 1 4 / T T – B C T dated October 9, 2014 of the Minister of Industry and Trade, on the procedures for establishment and application of avoidable cost tariff, and promulgation of model power purchase agreement for small hydropower plants; the Circular No. 29/2019/TT-BCT dated November 15, 2019 of the Minister of Industry and Trade, amending and supplementing a number of articles of the Circular No. 3 2 / 2 0 1 4 / T T – B C T, and abolishing the Circular No. 06/2016/TT-BCT amending and supplementing a number of articles of the Circular No. 3 2 / 2 0 1 4 / T T – B C T;

At the proposal of the Director of the Electricity Regulatory Authority of Vietnam.

DECIDES:

Article 1. To promulgate together with this Decision the avoidable cost tariff in 2022, applicable to small hydropower plants connected to the national electricity grid that satisfy the conditions specified in the Circular No. 32/2014/TT-BCT dated October 9, 2014 of the Minister of Industry and Trade, on the procedures for establishment and application of avoidable cost tariff, and promulgation of model power purchase agreement for small hydropower plants (the Circular No. 32/2014/TT-BCT) and the Circular No. 29/2019/TT-BCT dated November 15, 2019 of the Minister of Industry and Trade, amending and supplementing a number of articles of the Circular No. 32/2014/TT-BCT, and abolishing the Circular No. 06/2016/TT-BCT amending and supplementing a number of articles of the Circular No. 32/2014/TT-BCT (the Circular No. 29/2019/TT-BCT).

Article 2. The avoidable cost tariff in 2022 issued together with this Decision takes effect from January 1, 2022 to December 31, 2022.

Article 3. The avoidable cost tariff in 2022 and the power purchase agreement according to the model contract for small hydropower plants specified in Appendix IV of the Circular No. 29/2019/TT-BCT shall be compulsorily applied in the electricity purchase and sale of small hydropower plants that are eligible for the application of the tariff as prescribed in Clause 3, Article 1 of the Circular No. 29/2019/TT-BCT.

Within 30 days from the date of signing the power purchase agreement, the seller shall be responsible for submitting a copy of the signed agreement to the Electricity Regulatory Authority of Vietnam.

Article 4. The Chief of Office of the Ministry; Director of the Electricity Regulatory Authority; Director of the Electricity and Renewable Energy Agency; Chief Inspector of the Ministry; Directors of the Finance and Enterprise Renewal Department, Planning Department, and Legal Department; General Director of the Vietnam Electricity; General Directors of Power Corporations and Directors of relevant power generation units shall be responsible for implementing this Decision./.

For the Minister

The Deputy Minister

DANG HOANG AN