Price subsidies for environment protection products

03/01/2014 2:07:13 CH

Regulatory documents
  • Decision No.130/2007/QD-TTg  dated 02/08/2007 of the Prime Minister on a number of mechanisms and policies to finance investment projects under the clean development mechanism ;
  • Joint Circular No. 58/2008/TTLT-BTC-BTNMT dated 04/07/2008 of the Ministry of Finance - Ministry of Natural Resources and Environment guiding the implementation of some articles of Decision No. 130/2007/QD- dated 02/08/2007 of the Prime Minister on a number of mechanisms and policies to finance investment projects under the clean development mechanism ;
  • Decision 37/2011/QD-TTg June 29, 2011 of the Prime Minister on mechanisms to support the development of wind power projects in Vietnam ;
  • Circular 96/2012/TT-BTC  06 dated 08 May 2012 on guidelines for financial mechanisms to support the price of electricity for grid-connected wind power projects .
Subjects subsidies and price supports
  • Products of CDM projects under the priority areas defined by the government subsidies
  • The grid-connected wind power projects
Conditions are considering subsidies for products of CDM projects
  • Products of CDM projects are subsidized from the Environmental Protection Fund Vietnam if they meet the following conditions :
a) The product portfolio of CDM projects under the priority sector .

b ) The actual cost to produce larger products actual selling price under the contract is signed .

  • Time subsidies for products of the CDM project is determined based on the time of project products and the ability to offset production costs are subsidized .
Conditions to consider supporting wind power prices
  • Buyer is responsible for purchasing electricity all power produced from the grid-connected wind power plants in localities under their management as prescribed in Clause 1 , Article 11 and Clause 1 , Article 14 of Decision No. 37/2011 / QD - TTg .
  • The power purchase is made through a power purchase agreement is made under the power purchase agreement model applied to grid-connected wind power project by the Ministry of Industry and Trade issued . The purchase price of electricity comply with the provisions of Article 14 Decision 37/2011/QD-TTg .
  • There is full support profiles proposed electricity price regulation .