The Ministry of Industry and Trade (MoIT) has proposed shortening the interval for adjusting the retail electricity prices from the current three months to two months.
Lawmakers are debating a draft law on amendments and supplements to a number of articles of seven laws and the draft Electricity Law as part of the 15th National Assembly (NA)’s ongoing 8th session in Hanoi on November 7.
Complicated and time-consuming investment and construction procedures are among the main reasons for the stagnation of urgent power projects, the Ministry of Industry and Trade's Electricity and Renewable Energy Authority has said.