MOIT Circular 62/2025: New Price Frame for Battery Storage
MOIT Issues Generation Price Framework for Battery Energy Storage Systems The Ministry of Industry and Trade (MOIT) has issued Circular No. 62/2025/TT-BCT, stipulating the method for determining and approving the generation price frame and generation service price for Battery Energy Storage Systems (BESS). Legal Basis and Scope MOIT recently promulgated Circular No. 62/2025/TT-BCT, regulating the dossiers, sequences, and methods for determining and approving the generation price frame and generation service price of BESS, while also…