Developing a Regulatory Framework for the Energy Sector of the Maldives

Numbers of stakeholder meetings on developing a regulatory framework for the energy sector of the Maldives were conducted from 17-19th April 2012. The consultants hired under the technical assistance from World Bank, gave an update of the activities carried by them developing a regulatory frame work for the energy sector of the Maldives.

During these meetings, drafts of the Operator Licensing Regulation, Fees, Standard Power Purchasing Agreement, and Financial model for investment appraisal and approval documents prepared by the consultants were presented to the stakeholders.

Following the presentation the stakeholders were given the opportunity to comment and provide their opinion on the draft documents.