Recent Developments
On April 2, 2020, the Energy Market Regulatory Authority
(''EMRA'') accepted COVID-19
epidemic as a force majeure event under Article 35 of Electricity
Market License Regulation and Article 19 of Unlicensed Electricity
Generation in the Electricity Market Regulation. EMRA's
decision was published in the Official Gazette no. 31089 on April
6, 2020 and has become effective the same day.
What's New?
Licensed Power Generation
With respect to time-based obligations of pre-license or license
holders arising from the Electricity Market License Regulation, one
time 3-month extension has been granted for the following items
without any need for further action provided that expiration date
for such obligations' is March, 10, 2020 or thereafter:
