Chapter 164 of the General Laws is hereby amended by inserting after section 47E the following section:-
Section 47F. (a) Notwithstanding any other general or special law to the contrary, investor-owned electric utilities and municipal light plants may enter into agreements to collectively bid for the joint procurement of energy supply.
(b) The department shall promulgate any regulations, pursuant to chapter 30A, necessary to implement this section.
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