WHEREAS, the Department of Energy (DOE), in pursuance of its mandate under the "Electric Power Industry Reform Act of 2001" or "EPIRA has envisioned the achievement of country's total electrification;

WHEREAS, the DOE is tasked to issue specific guidelines on how to encourage inflow of private capital and the manner whereby other parties, including distribution utilities and qualified third parties, can participate in the missionary electrification projects set forth in the Missionary Electrification Development Plan (MEDP);

WHEREAS, the DOE in order to achieve total electrification, identified various programs and strategies that will support the implementation of reforms and priority investments to meet the needs of the rural communities for adequate, reasonable and reliable electric services;