The Government has just issued Decree No. 100/2025/ND-CP amending and supplementing Decree No. 56/2025/ND-CP detailing a number of articles of the Electricity Law on power development planning, power supply network development plans, investment in power project construction and bidding to select investors for power business projects.
Decree No. 100/2025/ND-CP amends and supplements a number of contents of Article 15 of Decree No. 56/2025/ND-CP to provide more specific regulations on the mechanism for mobilizing thermal power projects using domestically exploited natural gas in accordance with the State's policies on power development and practical needs in the coming period.
Accordingly, amending and supplementing the name of Article 15 to " Mechanism for ensuring consumption of domestically exploited natural gas resources; principle of converting fuel prices to electricity prices and long-term minimum contract electricity output for thermal power projects".
The Ministry of Industry and Trade said that the amendment of the name of Article 15 does not change the content of Article 15, but only to ensure coverage and a full list of the contents assigned in Clause 2, Article 12 of the Electricity Law.
At the same time, Decree No. 100/2025/ND-CP amends and supplements Clause 3 and Clause 4, Article 15 of Decree No. 56/2025/ND-CP on the mechanism for developing thermal power projects.
Thermal power projects using domestically exploited natural gas are operated and mobilized at the maximum capacity according to gas supply capabilities, meeting the requirements of fuel, capacity and available power generation output of thermal power projects, the needs and technical requirements of the national power system.
In case the domestic supply of natural gas cannot meet the power generation needs of the thermal power plant project, the electricity seller and the electricity buyer will negotiate and agree on the fuel use plan and electricity price in the electricity purchase and sale contract according to current regulations.
Regarding the minimum long-term contractual electricity output of a thermal power project using imported LNG, the electricity seller and the electricity buyer are agreed upon and unified in the electricity purchase contract to ensure the principles.
Specifically, the minimum long-term contract electricity output is not lower than 65% of the average electricity output of many years of a thermal power project. The minimum long-term contract electricity output is applied within the repayment period and interest, but not more than 10 years from the date of putting the project into operation for power generation.
After the time of applying the minimum long -term electricity contract, the electricity output or the ratio of the electricity payment according to the contract price for the remaining years are unified by the seller and the electric buyer in the negotiation and agreement process.
In addition, Decree No. 100/2025/ND-CP also amends and supplements Point a, Clause 5 and Point a, Clause 6, Article 15, Decree No. 56/2025/ND-CP to comply with the amendments in Clause 3, Clause 4, Article 15.
Specifically, the electricity buyer and the electricity seller are responsible for negotiating and agreeing on specific contents in the electricity sale and purchase contract in compliance with the provisions of this Article and other relevant legal provisions.
Decree No. 100/2025/ND-CP takes effect from May 8, 2025.
