Regulation 1 Purpose  The purpose of these Regulations is to  (a) provide an enabling environment to ensure the maximum use of financial capital, expertise, goods and services locally to  (i) create employment for Ghanaians;  (ii) promote businesses in the electricity supply industry; and  (iii) retain the benefits in the Republic;  (b) promote development initiatives for local stakeholders;  (c) achieve a minimum of  (i) sixty percent local content; and  (ii) fifty-one percent local participation in the electricity supply industry;  (d) develop and promote local content and local participation in the electricity supply industry through education, skills and expertise development, transfer of technology and know-how and an active research and development portfolio; (e) promote local capacity in the manufacture of electrical equipment, electrical appliances and renewable energy equipment; and (f) increase competitiveness among local manufacturers of electrical equipment, electrical appliances and renewable energy equipment.