8,885.00 TRY BIST 100 BIST 100
4.87 CNY CNY CNY
34.34 USD USD USD
37.42 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.67 TRY Interest Interest
74.45 USD Fossil Oil Fossil Oil
32.79 USD Silver Silver
4.44 USD Copper Copper
102.49 USD Iron Ore Iron Ore
374.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,023.12 TRY Gold (gr) Gold (gr)

EMRA: 40 companies will pay back 11 billion liras

The Energy Market Regulatory Authority (EMRA) has decided to open an administrative investigation against 40 companies due to false notifications made to EPIAŞ by accident or intentionally and to pay back 10 billion 208 million 222 thousand 680 TL. It was stated that this amount, which exceeds TL 11 billion with interest, will be reflected directly to the consumers' bill as a cost reduction.

EMRA: 40 companies will pay back 11 billion liras

The Energy Market Regulatory Authority (EMRA) decided to pay back 10.2 billion liras as a result of the administrative investigation it initiated against 40 companies.

According to the Authority's statement on its website, it was announced that a penalty of 10.2 billion liras was imposed at the end of the investigation initiated due to false notifications made by sehven or intentionally to Energy Market Enterprise A.S.

The Maximum Settlement Price (AUF) mechanism, which was implemented by the institution in order not to disrupt the security of supply in the country and to protect our consumers from these cost increases, especially in the last months, in the international markets, reminded that the Maximum Settlement Price (AUF) mechanism was implemented by the institution. It was underlined that no power plant was shut down with the contribution of the AUF mechanism, and that the security of energy supply was not interrupted.

Payable with interest

"In a committee session held on Thursday; and under these agreements, the company inadvertently or intentionally untrue statement made by reason of an administrative investigation epias about 40 to 208 and 222 million 680 thousand TL 10 billion has decided to reimbursement of the statement" the statement exceeds this amount with the interest and penalties due to the nature of the mechanism auf 11 billion cost reduction as consumers directly be reflected on the invoice stated.

Paying Fridays to the related companies via the “registered electronic mail” (KEP) of the refund instruction transmitted in the statement, it was stated that the administrative investigation related to the companies in question will be carried out meticulously by the institution.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Treasury and Finance Minister Şimşek evaluated foreign trade data

Sunday, November 3, 2024

IMF: EU slowdown, US strength

Friday, October 25, 2024

Germany considers new economic plan

Friday, October 25, 2024

World Bank finances Türkiye $1.9 billion for 4 projects

Wednesday, October 23, 2024

Ministry of Energy and Natural Resources aims to increase the use of domestic resources in electricity generation

Sunday, October 20, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now