Costa Rica’s main concession law was modified in 2008 to streamline the concession process and calls for a comprehensive legal framework for PPPs led to the introduction of a formal bill four years later. However, the 2012 bill has not yet been approved or ratified into law. Costa Rica’s model for PPP oversight is similar to Honduras’, with the concessions council handling both implementation and supervision.
With the state-owned Instituto Costarricense de Electricidad (ICE) as the dominant player in Costa Rica’s electricity industry, the private sector can only participate in renewable-energy projects that generate 50 mw of electricity or less and must sell the electricity to the state monopoly. In total, all private
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