FDI Update reports on recent legislation, international arbitration cases and enforcement decisions. It also brings news and insights from Turkey, the Middle East, Africa and CIS to guide investors that target foreing markets for expansion.
Law No. 7257 Amending the Energy Market Legislation Has Been Published
The Law Amending the Electricity Market Law and Other Laws numbered 7257 (“the Law”) has been published and has entered into force on 2 December 2020.
In this article, we summarize the most significant amendments introduced to the Electricity Market Law No. 6446 (the “Electricity Market Law”), Law No. 5346 on the Utilization of Renewable Energy Resources for the Purpose of Energy Generation (the “Renewable Energy Law”) and Natural Gas Market Law No. 4646 (the “Natural Gas Market Law”).