In May 2023 the Prime Minister issued the long-awaited Decision 500, approving the national power development plan which is broadly known as (“PDP8”). Decision 500 will take effect on May 15, 2023. It covers a term of 27 years (2023 to 2050). It provides general policies, objectives, plans for development of power generation and transmission lines, land use, list of important projects, and a general road map to implement PDP8.
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