Government decree on direct power purchase promulgated

Under Government Decree No. 80/2024/ND-CP, issued on July 3, a direct power purchase mechanism is officially applicable, according to a report from the Government News.

The mechanism aims to meet the demand for using clean energy of large customers while attracting investments in renewable energy to protect the environment and promote competitive retail market in Vietnam.

Accordingly, customers can purchase power through separate lines or national grid.