In Brief
On 8 October 2024 the Ministry of Industry and Trade issued Decision No. 2647/QD-BCT (“Decision 2647”) with immediate effect.
Decision 2647 prescribes the price tariff ceiling for electricity imported from Laos to Vietnam for hydropower and wind power plants which reach commercial operation between 31 December 2025 and 31 December 2030 as:
• 6.78 US cents/kWh for hydropower; and
• 6.4 US cents/kWh for wind power.
The information provided 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.
Dave Seibert
Partner, Co-Head of Regional Energy, Natural Resources and Infrastructure | Head of US Desk
Cambodia, Vietnam
Dave is a Partner and Co-Head of Regional Energy, Natural Resources and Infrastructure.
Kristy Newby
Partner, Managing Director, Lao PDR | Co-Head of Regional Energy, Natural Resources and Infrastructure | Co-Head Regional Compliance and Investigations
Lao PDR
Kristy has nearly 20 years of experience practicing as a solicitor in the Lao PDR, Vietnam, and Australia.
