- Development of Electric Power Projects:
The law encourages investment in energy infrastructure by offering substantial incentives and privileges to facilitate the implementation and operation of electric power projects. - Promotion of Power Generation Projects:
Simplifying procedures and granting long-term tax exemptions of up to 20 years for electric power generation projects. - Transition to Renewable Energy:
Supporting the adoption of solar and renewable energy technologies by covering the costs of transitioning to clean energy through attractive exemptions for both new and existing projects. - Partnerships in Electric Power Generation:
Regulating and promoting partnerships between the public and private sectors by offering unprecedented incentives to support power generation projects.
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