WHEREAS, it is necessary to ensure the conservation and development of geothermal resources for the social and economic benefit and growth of the country;
WHEREAS, it is necessary to ensure that the geothermal resources are utilized for the most economically benefits of the country, including electricity generation;
WHEREAS, putting in place the legal and regulatory framework to support geothermal power generation by the public and private sectors is essential to successful development and use of geothermal resources;
WHEREAS, it is essential to promulgate a new law which guides the achievement of the objectives of the geothermal resources development and operations;
NOW, THEREFORE, in accordance with Article 55(2)(a) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows: