INTIEANicaragua · Special Law for the development of the Hydroelectricity Tumarin Project (Law 695)PolicyIn force

Special Law for the development of the Hydroelectricity Tumarin Project (Law 695)

The Special Law seeks the development and implementation of a 253 MW hydroelectric project, establishing procedures to obtain the Environmental Permit, Special License for water use to generate electricity and the generation license. The Law establishes a differentiated fiscal…

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

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  2. Last change

Country / jurisdiction: Nicaragua · Year: 2009 · Status: In force · Level: National · Type: Voluntary

The Special Law seeks the development and implementation of a 253 MW hydroelectric project, establishing procedures to obtain the Environmental Permit, Special License for water use to generate electricity and the generation license. The Law establishes a differentiated fiscal incentive framework, a specified period for the project to be transferred to the State and a 10 % State participation share during the initial operation period. It is currently being reformed (Ref: 08.23.12).

Official source: http://www.asamblea.gob.ni%20%20

Source

https://www.iea.org/policies/5261

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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