The government has introduced a Legislative Instrument (LI) that mandates the procurement of power generation through competitive bidding, as part of the energy sector reforms.
The Energy Commission (Planning and Competitive Procurement of Additional Electricity Generation Capacity) Regulations, 2025. L.I. 2508 represents a major policy shift aimed at enhancing transparency.
The new policy framework is also expected to foster innovation, reduce costs, and create an attractive environment for…
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