|Year:||2009 (April 22nd)|
|Policy status:||In Force|
|Date Effective:||2009 (April 22nd)|
|Policy Type:||Economic Instruments, Economic Instruments>Direct investment|
|Size of Plant Targeted:||Large|
|Legal References:||Law 8723|
The law 8723 modifies Law 7200 and establishes rule that hydropower plants larger than 50 MW require approval by the national assembly in order to be constructed.
The law aims to establish the regulatory framework for granting concessions for the use of hydraulic resources that can be obtained from waters in the national territory for hydroelectric generation, which must be carried out in accordance with the National Water Plan, respecting the priority of water for human consumption.
|Related policies:||Law Authorising Autoproducers (Ley que Autoriza la Generación eléctrica autónoma o paralela) , Reform of the Law that Authorizes Autoproducers , Costa Rica|
In order to view a full version of Costa Rica's Concession Framework Law for the Use of Hydraulic Forces for Hydroelectric Generation please click here.
Last modified: Wed, 08 Feb 2017 15:16:08 CET