The Ministry of Industry and Trade has issued Decision No. 21/QD-BCT promulgating the electricity price levels for transitional solar and wind power plants on January 7th, 2023. The new price for these projects is lower from 17% to 29% depending on the type of power source compared to the FIT price.
- The new price brings advantages and challenges to power businesses.
- The new mechanism promotes faster transformation for businesses in the power industry.
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