On March 11th, 2019, the Ministry of Industry and Trade issued Circular No. 05/2019/TT-BCT amending the Circular No. 16/2017/TT-BCT regulating the project development and the model electricity purchase and sale contract for solar power project. The circular takes effect from April 25th, 2019.
Accordingly, the electricity purchase price of the solar roof project is revised and supplemented, as following:
Before January 1, 2018, the purchase and sale price of electricity was VND 2,086 / kWh (excluding value-added tax, equivalent to 9.35 UScents / kWh, according to the central exchange rate of Vietnam dong against the dollar. The US announced by the State Bank of Vietnam on April 10, 2017 is VND 22,316 / USD;
As of January 1, 2018, the electricity purchase and sale price applicable under the provisions of Clause 1 of this Article shall be adjusted according to the central exchange rate of Vietnam dong against the US dollar announced by the State Bank of Vietnam. on the date of the last rate announcement of the previous year;
Add content of sample electricity purchase contract for rooftop solar power projects specified in the Appendix of this Circular.
Thus, the amendment and supplement of electricity trading price of the solar roof project is in line with the development trend of the society.