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8 Licenses Issued by the EMRC for Renewable Energy Generation Facilities in 2016

The Energy and Minerals Regulatory Commission issued 8 licenses for the construction of power plants that generate electricity from renewable energy sources in 2016. The plants will collectively have a generation capacity of 288.82 MW. The total number of such licenses issued by the EMRC now stands at 22 after issuing 13 in 2015 and 1 in 2014.

New Regulations on Ride-hailing Apps Issued by the Land Transport Regulatory Commission

The Land Transport Regulatory Commission has issued regulations legalizing the services provided by ride-hailing apps after months of uncertainty. As per the newly issued regulations, the Land Transport Regulatory Commission (LTRC) will license ride-hailing apps within six months of application subject to compliance with certain conditions. The LTRC will charge the companies operating these apps an annual investment fee to be specified in an operation contract between the LTRC and the company, which must be signed as a condition to licensing.