(Courtesy CIA.gov) |
The EO states that concerned government agencies shall act upon applications for permits involving Energy Projects of National Significance (EPNS) not exceeding within a 30-day period. If no decision is made within the specified processing time frame, the application is deemed approved by the concerned agency.
To be considered among the EPNS, power-generation and -transmission projects must have a capital investment of at least P3.5 billion, significant contribution to the country’s economic development, significant consequential economic impact, significant potential contribution to the country’s balance of payments, significant impact on the environment, complex technical processes and engineering designs and significant infrastructure requirements.
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