On 26 April 2025 the Ministry of Industry and Trade (MOIT) issued Decision No. 1198/QD-BCT (“Decision 1198”) with immediate effect.
Decision 1198 prescribes the price tariff ceiling of VND 3,457.02/kWh for electricity produced from pumped storage hydropower plants in 2025.
The information provided here is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.
