2026 Electricity Generation Price Framework for Power Plants Using Liquefied Natural Gas (LNG)
20:39 | 12/11/2026
Under Decision No. 2972/QĐ-BCT dated November 9, 2026, MOIT approved the 2026 electricity generation price framework for CCGT power plants using LNG, in accordance with Circular No. 09/2025/TT-BCT dated February 1, 2025, issued by the Minister of Industry and Trade. The Circular stipulates the documentation requirements, sequence, procedures and methodology for determining and approving electricity generation price frameworks, as well as the documentation requirements, sequence and procedures for developing and approving electricity import price frameworks. The key provisions are as follows:
1. 2026 Electricity Generation Price Framework
The 2026 electricity generation price framework applicable to CCGT power plants using LNG ranges from VND 0 to VND 3,453.72 per kWh, exclusive of value-added tax (VAT). The maximum price is VND 3,453.72 per kWh.
2. Parameters Used to Calculate the Maximum Price
The parameters used to calculate the maximum price under the 2026 electricity generation price framework applicable to CCGT power plants using LNG are specified in the attached Appendix, as follows:
| No. | Calculation parameter | Value |
| 1 | Calculated capacity | 1,528,292 kW |
| 2 | Net heat rate at 85% load | 6,253.43 BTU/kWh |
| 3 | Imported LNG price (including import duty) | USD 13.4099/MMBtu |
| 4 | LNG transportation cost (including transportation to the regasification terminal, storage, regasification and distribution of regasified LNG) | USD 1.831/MMBtu |
| 5 | Exchange rate | VND 26,378/USD |
3. Implementation Arrangements
Based on the electricity generation price framework approved under Article 1 of Decision No. 2972/QĐ-BCT, Vietnam Electricity (EVN) and power generation companies shall enter into power purchase agreements (PPAs) in compliance with the regulations on the methodology for determining electricity generation service prices issued by the Minister of Industry and Trade.
Decision No. 2972/QĐ-BCT takes effect from November 9, 2026./.
