Energy Commission Act

The Act established a National Energy Commission to regulate, manage, develop, and utilize energy resources (including hydro power, solar biomass, wind, geothermal and hydrocarbon) and control granting of licences for transactions and operations related to electricity and natural gas.

The act established an Energy Fund : among its objectives are
1) The promotion of energy efficiency and productive uses of electricity, natural gas and petroleum products
2) Promotion of projects for the development and utilisation of renewable energy resources, including solar energy

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