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purchase

MoIT approves price framework to purchase electricity from Laos

MoIT approves price framework to purchase electricity from Laos

The maximum price for hydroelectric power is set at 6.78 US cents/kWh, while the price for wind power is 6.4 US cents/kWh.
Government issues two options for direct electricity trading

Government issues two options for direct electricity trading

The Government has issued details of the direct power purchase agreement (DPPA) mechanism between renewable energy generators and large customers,  with two options being through a private power line and the national grid via EVN.
Deputy PM askes favourable condition for direct power purchase

Deputy PM askes favourable condition for direct power purchase

Deputy Prime Minister Trần Hồng Hà urged the Ministry of Industry to complete the draft decree on direct power purchase agreement while provide a more persuasive explanation in terms of technical issues and ground for giving priorities to wind, solar...
DPPA draft decree submitted to the Govt for consideration

DPPA draft decree submitted to the Gov’t for consideration

DPPA mechanism aimed to meet the demand for using clean energy of large customers while attracting investments in renewable energy.
Ensure feasibility of direct power purchase mechanism: Deputy PM

Ensure feasibility of direct power purchase mechanism: Deputy PM

DPPA is considered a foundation for Việt Nam to develop a competitive power market in which the State management will be separated from electricity production, transmission and distribution.
VCCI backs up DPPA mechanism

VCCI backs up DPPA mechanism

A survey conducted by the MoIT at the end of last year found that approximately 20 large companies were interested in purchasing electricity directly, with a total demand of nearly 1,000 MW.
Draft decree on DPPA completed and under review

Draft decree on DPPA completed and under review

Direct power purchase through the national grid will also help prevent the complicatedness in management and will not require huge investment in the infrastructure system.
Difficulties faced in negotiations of power purchase agreements: EVN

Difficulties faced in negotiations of power purchase agreements: EVN

In the event Vietnam Electricity (EVN) and investors fail to produce a consensus, the prices will be determined by the Ministry of Industry and Trade with consideration given to fair competition for other sources of electricity. 
Early issuance of direct power purchase critical to promote foreign investment

Early issuance of direct power purchase critical to promote foreign investment

Further delay in the issuance of the direct power purchase agreement will affect the foreign investment attraction of Việt Nam.
Ministry puts forward mechanism enabling direct renewable energy purchase

Ministry puts forward mechanism enabling direct renewable energy purchase

Under DPPA, the producers who sell electricity to buyers through the national grid are required to issue some documents beforehand, which elaborate the calculation of electricity prices and other related fees.
Mechanism for direct power purchase proposed

Mechanism for direct power purchase proposed

The Ministry of Industry and Trade has submitted a report to the Prime Minister about options for a direct power purchase agreement mechanism (DPPA) between renewable power generators and large electricity users without going through Vietnam Electricity (EVN).
EVN explains power purchases from abroad

EVN explains power purchases from abroad

The imported electricity was a in the bucket compared to what generators produced at home. Viet Nam imported around 10 million kWh per day while generating 850 million kWh per day.
Central bank resumes greenback purchase

Central bank resumes greenback purchase

The State Bank of Vietnam (SBV) has signalled to start buying the US dollar again after ceasing the purchase for more than two months.
MoIT recommends unfinished wind, solar farms negotiate energy prices

MoIT recommends unfinished wind, solar farms negotiate energy prices

The Ministry of Industry and Trade has asked the Prime Minister about the mechanism for ongoing solar power and transitional wind power projects.
Big customers to buy electricity directly from generators

Big customers to buy electricity directly from generators

Big customers could buy electricity directly from the generators in a pilot programme to develop a mechanism for a direct power purchase agreement (DPPA).