The Ministry of Industry and Trade has decided to cancel plans for a single price model to calculate power tariffs after receiving feedback from relevant ministries and experts.
The Ministry of Industry and Trade (MoIT) has not yet decided to adjust power tariffs this year and has been calculating basic prices, the ministry on Friday announced at an electricity production cost conference in Ha Noi.
The new power tariffs will not raise prices for households while
increasing revenue for the sector, an official of the Electricity of
Viet Nam (EVN) said.
The Ministry of Industry and Trade has asked Electricity of Viet Nam
(EVN) to power tariffs, based on input factors, following the
group''s proposal to raise electricity selling prices.
Prime Minister Nguyen Tan Dung has issued a decision on electricity
retail prices that will apply to six price levels instead of the current
seven levels.