The Energy Market Regulatory Authority
("EMRA") published its decision dated 3
December 2020 ("Decision") in the
Official Gazette on 8 December 2020. The Decision determines the
general quality indication rates applicable for electricity
distribution and authorized supply companies quoted on the stock
exchange. The general quality indication is a variable used as a
performance incentive in the formula of revenue cap, which is
utilized as a basis in the calculation of tariffs.
Pursuant to the Decision, the general quality indicator rates
will be
(i) 1% for distribution and authorized supply companies quoted
on the Borsa Istanbul; and
(ii) 0.3% for distribution and authorized supply companies whose
direct shareholders are quoted on the Borsa Istanbul
