📋 Tender Overview
The Ministry of Industry and Trade is drafting a Circular amending and supplementing a number of articles of Circular No. 60/2025/TT-BCT dated December 2, 2025 of the Minister of Industry and Trade regulating the implementation of electricity selling prices. Download The Ministry of Industry and Trade proposes to amend regulations on implementation of electricity prices. The Ministry of Industry and Trade said that Point b, Clause 1, Article 50 of the Electricity Law 2024 stipulates: ...Retail electricity prices according to the time of electricity use during the day are applied to qualified electricity customers, including peak, off-peak and normal electricity retail prices.... Clause 1, Article 5 of Decision No. 14/2025/QD-TTg of the Prime Minister stipulates regulations on the electricity retail price structure stipulate: 1. The Ministry of Industry and Trade is responsible for regulating and guiding the implementation of retail electricity prices for groups of electricity customers; electricity selling prices for electricity retailers. The Minister of Industry and Trade shall decide in administrative documents on peak, off-peak, and normal hours appropriate to the electricity use situation of the electricity system in each period.. Implementing the above regulations, the Minister of Industry and Trade signed and issued Circular No. 60/2025/TT-BCT dated December 2, 2025 of the Minister of Industry and Trade regulating the implementation of electricity selling prices, replacing Circular No. 16/2014/TT-BCT and Circulars amending and supplementing Circular No. 16/2014/TT-BCT. In particular, Clause 1, Article 5 of Circular No. 60/2025/TT-BCT stipulates: 1. Time Electricity usage during the day is determined according to peak hours, off-peak hours, and normal hours in the Decision issued by the Minister of Industry and Trade based on the provisions of Decision No. 14/2025/QD-TTg..... Clause 2, Article 5 of Circular No. 60/2025/TT-BCT stipulates: 2. Resetting the peak, off-peak and normal hours of the meter must be completed within 90 days from time to apply the new peak, off-peak and normal time frames. During the time the resetting of the peak, off-peak and normal time frames of the meter has not been completed according to the new regulations, use the peak, off-peak and normal time frames according to the regulations in effect immediately until the resetting of the new time frame is completed.. Point b, Clause 1, Article 19 of Circular No. 60/2025/TT-BCT stipulates: Department of Electricity The force is responsible for submitting to the Ministry of Industry and Trade to issue a Decision on peak hours, off-peak hours, and normal hours according to the provisions of Decision No. 14/2025/QD-TTg;. Point a, Clause 1, Article 20 of Circular No. 60/2025/TT-BCT stipulates transitional provisions related to the implementation effect of Circular No. 16/2014/TT-BCT as follows: 1 16/2014/TT-BCT dated May 29, 2014 of the Minister of Industry and Trade stipulating electricity selling prices that will continue to apply from the effective date of this Circular to the date of adjusting the latest average retail electricity price after the effective date of Decision No. 14/2025/QD-TTg, including: a) Clause 1, Article 5;. Clause 1, Article 21 of Circular No. 60/2025/TT-BCT stipulates the effectiveness of Circular No. 60/2025/TT-BCT as follows: 1. This Circular takes effect from December 2, 2025, except for the provisions in ..., Clauses 1 and 2, Article 5, ..., Clause 6, Article 15 of this Circular and the Appendix issued with this Circular take effect from the date of adjustment. The latest average retail electricity price after the effective date of Decision No. 14/2025/QD-TTg. The Ministry of Industry and Trade also said that the peak, off-peak and normal hours of the national electricity system are currently being applied according to the provisions of Circular No. 16/2014/TT-BCT, which has been applied for 12 years now. Since 2019, with the strong penetration and rapid increase in the proportion of solar power sources in the power source structure, the capacity mobilization chart of various types of power sources has changed significantly. At the same time, the electricity consumption structure of the load components also has a big change, when the electricity consumption of the industrial load component increased from approximately 30% to more than 50% of the total commercial electricity, the electricity consumption of the civil - domestic load component decreased from about 50% to approximately 33%, significantly changing the load chart compared to 12 years ago. Therefore, in the context of many changes in the structure of power sources, especially the rapid increase of renewable energy sources such as solar power and wind power, adjusting the power supply time frame is necessary to properly reflect the characteristics of electricity supply and demand in the new context. Reasonable determination of the power supply time frames of the national power system also contributes to improving the electricity load factor (ratio of electricity used to maximum capacity), helping to optimize energy use efficiency. Through the electricity price mechanism based on the Red Day frame, customers will have an incentive to adjust their electricity consumption behavior to reduce electricity purchase costs; Reduce usage during peak hours and shift to off-peak and normal hours. This helps flatten the load chart, reduce the difference between maximum capacity and average capacity, thereby improving the efficiency of exploiting power sources and reducing pressure on the power system during peak times. With electrical systemsIn countries with a significant proportion of renewable energy like Vietnam, designing peak hours opposite to the high generation hours of renewable energy sources (deviating from the hours when renewable energy sources are generating highly and or coinciding with the time when renewable energy sources
