WHEREAS, Executive Order No. 215 issued on July 10, 1987 allows the participation of private sector in power generation;

WHEREAS, the Department of Energy (the DOE) encourages the participation of the private sector in the power generation business consistent with the said Executive Order;

WHEREAS, the DOE recognizes the unique contribution to be made by Renewable Resource Power Production Facilities (RRPPF) also known as the New and Renewable Energy Facilities (NREF) in the country’s generation mix and in meeting rural electrification targets;

WHEREAS, there is an imperative need to facilitate and enhance the participation of RRPPF/NREF in power generation in view of the country’s growing electricity requirement;

NOW, THEREFORE, the DOE hereby adopts and promulgates the following amendments to Energy Regulations No. 1-95 as amended by Department Circular No. 97-01-001;