According to a resolution published 29 September, winners of GENREN projects can over the next 45 days renegotiate contracts, and seek tax incentives and benefits that were included in the 2015 revision of the renewables law.

The renegotiated price will be higher than $65/MWh, but will be calculated as a proportion of the 2009 price in US dollars and results of highest price at this year’s tender.

GENREN