Articles by

Baker Mckenzie

Vietnam Increases Feed-in-Tariffs for Biomass Power Projects

By

Baker Mckenzie

For combined heat and power ("CHP") biomass power projects: 7.03 US cent per kWh (exclusive of VAT) (increased from 5.8 US cent per kWh under the previous Decision No. 24 and from 6.77 US cent per kWh under the previous draft during November 2019); and for other biomass energy projects: 8.47 US cent per kWh (exclusive of VAT) (instead of the avoided cost tariff under the current Decision No. 24).