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ARTICLE · 22 FEBRUARY 2018

Turkey Updates Rules For Electricity Licenses, Along With Data And Share Transfer Provisions

Moroglu Arseven
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Turkey has updated electricity legislation relating to calculation of guarantee amounts, reporting obligations, prohibition of share transfers, as well as notification obligations during share transfers.

TurkeyEnergy and Natural Resources
E. Benan Arseven
E. Benan Arseven
C. Hazal Baydar, LL.M.
C. Hazal Baydar, LL.M.
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Turkey has updated electricity legislation relating to calculation of guarantee amounts, reporting obligations, prohibition of share transfers, as well as notification obligations during share transfers. The requirement to hold data processing centres within Turkey has now also been removed.

The Regulation on Amendment of the Electricity Market Licencing Regulation ("Amendment Regulation") was published in Official Gazette number 30271 on 15 December 2017.

Notable changes include:

  • The pre-license guarantee amount will no longer be deducted from the guarantee required for electricity production license applications.
  • License holders must now take all necessary technical and administrative measures to:

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