MINEM definition
Examples of MINEM in a sentence
The Borrower, through MINEM, has: (a) issued a Ministerial Resolution No. 304-2008-MEM/DM which approved norms to regulate the process of participatory environmental monitoring and surveillance in mining exploitation activities; and (b) started the operation of at least forty initiatives of environmental participatory monitoring.
Definitive Generation Concession Agreement (Contrato de Concesión Definitiva de Generación de Energía Eléctrica Nº 358-2010), dated January 5, 2011, between the Borrower (as assignee of Kallpa Generación S.A.) and MINEM, as amended by Public Deed dated June 24, 2011.
On the other hand under Legislative Decree N° 1002 and its regulations, terms of reference2 (Basis) have been elaborated for the procurement of renewable energies, which also include a reference contract to be signed by generation companies and MINEM.
OEFA is entitled to carry on inspections and pursue investigations to audit compliance of environmental regulation and for the prevention of The plan for the closure of a mine is subject to the approval of MINEM.
If MINEM does not respond the request for authorization within thirty (30) Days, the request will be deemed accepted.
On the other hand, MINEM is in charge of formulating the energy policy, granting concessions and approve regulations for the operation of the energy market, among others.
In the execution process of this Agreement has been approved the development of a technical assistance in benefit of the Ministry of Energy and Mines (MINEM) named "Proposal for Organizing the Energy Planning System”.
Also, Regional Governments (GoR) have to develop their energy plans based on the policies dictated by MINEM.
On this matter, according to legislation, MINEM is in charge of formulating and approving the sectorial and institutional plans for the energy sector.
MINEM will inform the Concessionaire of the creditor that will receive the payment, and about the mode or mechanism of payment.