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Vietnam may allow businesses to buy green power without EVN’s involvement

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Vietnamese Ministry of Industry and Trade (MOIT) has proposed that the government allow manufacturing businesses to buy electricity directly from renewable energy sources, regardless of the involvement of the Vietnam Electricity Corporation (EVN).

The new approach is outlined in a draft decree on the Direct Power Purchase Agreement (DPPA) mechanism developed by the MOIT.

The proposed decree specifies that purchasers must be entities or individuals utilizing electricity for production purposes at a voltage of 22 kV or above, with an average monthly consumption of 500,000 kWh.

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