Circular No. 42/2022/TT-BCT dated December 30th, 2022 of the Minister of Industry and Trade on inspection of electricity operations and use and settlement of disputes pertaining to power purchase agreement

This Circular provides for regulations on inspection of electricity operations; handling of violations in the field of electricity; how to calculation of illegal profits generated by electricity theft and settlement of disputes pertaining to power purchase agreements.

According to Article 22 of this Circular, organizations and individuals committing electricity theft must return illegal profits generated by electricity theft to electricity vendors and all costs that arise as a result of the violation, including: Costs for repairing, inspecting, calibrating, etc. In addition, they must compensate for other damage that they have caused to electricity vendors.

This Circular comes into force from February 16, 2023.

To replace Circular No. 27/2013/TT-BCT dated October 31, 2013; Circular No. 31/2018/TT-BCT dated October 5, 2018; Article 28 and Section 12, Section 13 of Appendix attached to Circular No. 42/2019/TT-BCT dated February 18, 2019; Clause 3 Article 7 and Clause 3 Article 10 of Circular No. 22/2020/TT-BCT dated September 9, 2020.