Circular No. 02/2023/TT-BCT abolishes certain provisions in Circular No. 57/2020/TT-BCT dated December 31, 2020, issued by the Minister of Industry and Trade regarding the method for determining power generation prices and electricity purchase and sale contracts.

CIRCULAR

ABOLISHING CERTAIN PROVISIONS OF CIRCULAR NO. 57/2020/TT-BCT DATED DECEMBER 31, 2020

ISSUED BY THE MINISTER OF INDUSTRY AND TRADE ON METHODS FOR DETERMINING ELECTRICITY GENERATION PRICES

1. Supplement Point c following Point b Clause 1 Article 1 as follows:

Pursuant to the Law on Legislative Regulatory Documents dated June 22, 2015; the Law Amending and Supplementing Certain Provisions of the Law on Legislative Regulatory Documents dated June 18, 2020;

Pursuant to the Electricity Law dated December 3, 2004; and the Law Amending and Supplementing Certain Provisions of the Electricity Law dated November 20, 2012;

Based on Decree No. 96/2022/NĐ-CP dated November 29, 2022 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Industry and Trade;

Based on Decree No. 137/2013/NĐ-CP dated October 21, 2013, issued by the Government, detailing the implementation of certain provisions of the Electricity Law and the Law Amending and Supplementing Certain Provisions of the Electricity Law;

At the proposal of the Director of the Electricity Regulatory Authority;

THE MINISTER OF INDUSTRY AND TRADE ISSUES THIS CIRCULAR TO ABOLISH CERTAIN PROVISIONS OF CIRCULAR NO. 57/2020/TT-BCT DATED DECEMBER 31, 2020 ISSUED BY THE MINISTER OF INDUSTRY AND TRADE ON METHODS FOR DETERMINING ELECTRICITY GENERATION PRICES AND POWER PURCHASE CONTRACTS

Article 1. ABOLISHING CERTAIN PROVISIONS OF CIRCULAR NO. 57/2020/TT-BCT DATED DECEMBER 31, 2020 ISSUED BY THE MINISTER OF INDUSTRY AND TRADE ON METHODS FOR DETERMINING ELECTRICITY GENERATION PRICES AND POWER PURCHASE CONTRACTS

1. ABOLISH CLAUSE 1 OF ARTICLE 17.

2. ABOLISH THE PHRASE “BEFORE THE CONSTRUCTION PROJECT IS COMMISSIONED” IN CLAUSE 1 OF ARTICLE 25.

3. ABOLISH THE FOLLOWING SENTENCES: “FOR NATURAL GAS EXPLOITED DOMESTICALLY THROUGH A NATURAL MONOPOLY PIPELINE COLLECTION, TRANSPORTATION, AND DISTRIBUTION SYSTEM, THE FEES FOR COLLECTION, TRANSPORTATION, AND DISTRIBUTION OF GAS MUST BE APPROVED BY THE COMPETENT STATE AUTHORITY.” AND “IN CASES WHERE THE STORAGE AND DISTRIBUTION FACILITIES HAVE A NATURAL MONOPOLY CHARACTER, THE FEES FOR STORAGE, REFINING, AND DISTRIBUTION OF GAS MUST BE APPROVED BY THE COMPETENT STATE AUTHORITY.” IN CLAUSE 1 OF ARTICLE 26.

4. ABOLISH CLAUSE 5 OF ARTICLE 28.

Article 2. Implementation clause

THIS CIRCULAR SHALL TAKE EFFECT FROM THE DATE 19 MONTH 01 2023.

Article 3. Responsibility for Implementation

HEADS OF UNITS UNDER THE MINISTRY, PEOPLE'S COMMITTEES OF PROVINCES AND MUNICIPALITIES DIRECTLY UNDER THE CENTRAL GOVERNMENT, AND ASSOCIATIONS AND INDIVIDUALS CONCERNED ARE RESPONSIBLE FOR IMPLEMENTING THIS CIRCULAR./.