Based on recent developments in the IPP regime and the experience gained thus far, the Government has recognized the need for promulgating a clear, fair, and transparent National IPP Policy in order to streamline the IPP regime in the country and open the Namibian power market to domestic and international investors. This National IPP Policy outlines the key provisions of the Government's commitment to encourage private investment in Namibia's power sector and outlines the power market model, pricing regime, procurement approach, and the requirements for the IPPs to develop power generation projects and seek licenses for implementing the projects.