Meta Data
Title in national language: 
농어촌 전기공급사업 촉진법
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
1965
Effective Start Year: 
2013
Scope: 
National
Document Type: 
Act
Economic Sector: 
Power
Energy Types: 
Power
Issued by: 
Ministry of Trade, Industry & Energy
Overall Summary: 
The purpose of this Act is to improve the productivity of agriculture and fisheries and improve the livelihood of farmers and fishermen by promoting the supply of electricity to agricultural and fishing villages where electricity is unavailable.
Access
Energy access priorities: 
[...] to improve the productivity of agriculture and fisheries and improve the livelihood of farmers and fishermen by promoting the supply of electricity to agricultural and fishing villages where electricity is unavailable.
Investment
Financial incentives for energy infrastructure: 
Where the electricity provider or a person other than the electricity provider intends to supply electricity to an area [...] the State may support a financial loan [...] (hereinafter referred to as "financial loan") for expenses incurred in works for installation of power distribution facilities and expenses incurred in works for installation of independent power facilities and works for replacement of independent power production facilities in such an area.---The State shall accommodate the electricity provider with a financial loan for the electricity users.--- Expenses incurred in works for installation of power distribution facilities and expenses incurred in works for installation of independent power facilities and expenses incurred in works for replacement of independent power production facilities in an area where the electricity provider or a person other than the electricity provider intends to supply electricity shall be covered by the following funds: 1. Financial loans; [...] 3. Subsidies of the State and a local government.
Independent power producers: 
Where the electricity provider or a person other than the electricity provider intends to supply electricity to an area [...] the State may support a financial loan [...] (hereinafter referred to as "financial loan") for expenses incurred in works for installation of power distribution facilities and expenses incurred in works for installation of independent power facilities and works for replacement of independent power production facilities in such an area.---The State shall accommodate the electricity provider with a financial loan for the electricity users.