DECISION

Promulgating the electricity wholesale price bracket applicable to industrial parks

THE MINISTER OF TRADE AND INDUSTRY

Pursuant to Resolution No.01/2007/QH12 of July 31, 2007, of the first session of the XIIth National Assembly of the Socialist Republic of Vietnam on the structure and organization and the number of Deputy-Prime Ministers of the Government of the XIIth tenure;

Pursuant to the Government’s Decree No. 178/2007/ND-CP of December 3, 2007, defining the functions, tasks, powers and organizational structures of ministries and ministerial-level agencies;

Pursuant to the December 3, 2004 Law on Electricity;

Pursuant to the Government’s Decree No. 105/2005/ND-CP of August 17, 2005, detailing and guiding the implementation of the Law on Electricity;

Pursuant to the Prime Minister’s Decision No. 276/2006/QD-TTg of December 4, 2006, on electricity sale prices;

At the proposal of the Director of the Electricity Regulation Department,

DECIDES:

Article 1.- To promulgate the electricity wholesale price bracket applicable to industrial parks, specifically as follows:

1. The electricity wholesale price bracket at the 110kV main bars of industrial parks’ 110 kV transformer stations applies to cases in which industrial park management boards purchase electricity at the 110 kV main bars of industrial parks and retail electricity to electricity users in industrial parks at the transformers’ medium-voltage main bars of consumption stations in industrial parks, depending on the stations’ capacity, as follows:

2. In case industrial park management boards purchase and retail electricity at the same voltage, the electricity wholesale price is the electricity sale price at that voltage applicable to manufacturing industries defined in the Prime Minister’s Decision No. 276/2006/QD-TTg of December 4, 2006, on electricity sale prices (below referred to as Decision No. 276/2006/QD-TTg for short) with 2% reconciliation.

3. In case industrial park management boards purchase electricity at the medium voltage and retail electricity to users at the low voltage, the electricity wholesale price is the electricity sale price at the purchase voltage, applicable to manufacturing industries defined in Decision No. 276/2006/QD-TTg.

4. Guidance on the application of the electricity wholesale price bracket to industrial parks (see the enclosed Appendix).

Article 2.- Implementation effect

1. This Decision takes effect 15 days after its publication in “CONG BAO.”[1][1]

2. This Decision annuls Clause 1, Section VI of Circular No. 11/2006/TT-BCN of December 20, 2006, of the Minister of Industry, guiding the application of electricity sale prices; to annul all previous regulations which are contrary to this Decision.

3. The director of the Office the chief inspector, directors of Bureaus and Departments of the Ministry, the General Director of the Vietnam Electricity Group, and concerned electricity units shall implement this Decision.