Alqanoni

Electricity Law

Art. 15
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

Upon transitioning to an electricity market, the Authority shall: 1. protect the rights of project developers who do not hold a dominant position, including the right to achieve a return on their investment as agreed upon with the purchasing entity and the rights arising from a business agreement with such entity or the right to be excluded from the electricity market; and 2. protect consumers against major market fluctuations and ensure the reliability of electricity supplies throughout the Kingdom.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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