This is to notify that a new version of the Market Rules “Market Rules V4.1”, associated with the approved Modifications for 2024, has been issued and published on the website with affective date of 01/01/2025. This update complies with the obligations outlined in clauses G.6.1.3, G.6.1.4, and G.6.1.5, ensuring all Parties are bound by the Modifications and that the Market Operator maintains and publishes the relevant records accordingly. Should you have any questions or require further information regarding these updates, please feel free to reach out.
Read MoreWe refer to section H.6.1.4 (c) of the Market Rules, a Communication Failure Default occurs where a Party does not submit Meter Data in compliance with Section J or F, or uses Alternative Communication Means to submit Meter Data, for 3 or more consecutive Trading Days, or for 4 Trading Days in total in a Month. SMN Barka Power Company SAOC failed to submit the Ex-Post Meter Data from 21st to 23rd of December 2024. The Market Operator (MO) has become aware of a Communication Failure Default, and hence issuing a Rectification Notice as per section Q.16.4 of the Market Rules.
Read More“As per G.6.1.1(a), the Market Operator would like to announce that the Authority has reviewed and approved the proposed modifications in accordance with section G.5.2.4 of the Market Rules. A new version will be published by the end of this year with effective date 01/01/2025 as per G.6.1.5. ”
Read More“The Market Operator would like to inform that Al Ghubrah Power & Desalination Company SAOC (GPDC) has submitted its application on 30 October 2024 in accordance with clauses. D.3.2.1 and D.3.2.3 of the Market Rules. The Market Operator, having reviewed and validated the information provided by the applicant as per the Market Rules, has found that the provided information and documentation are complete and valid. The first trading day for GPDC is 4th November 2024”.
Read More“We refer to H.6.1.4 (c), a Communication Failure Default occurs in relation to a where Party does not submit Meter Data in compliance with Section J or F, or uses Alternative Communication Means to submit Meter Data, for 3 or more consecutive Trading Days, or for 4 Trading Days in total in a Month. Ad- Dhahirah Generating Company SAOC failed to submit the Ex-Post Meter Data from 2nd to 10th of October 2024. As per Q.16.4., The Market Operator (MO) has become aware of a Communication Failure Default, and hence issuing a Rectification Notice.”
Read More“We refer to H.6.1.4 (c), a Communication Failure Default occurs in relation to a where Party does not submit Meter Data in compliance with Section J or F, or uses Alternative Communication Means to submit Meter Data, for 3 or more consecutive Trading Days, or for 4 Trading Days in total in a Month. Shinas Generating Company SAOC failed to submit the Ex-Post Meter Data from 7th to 13th of October 2024. As per Q.16.4., The Market Operator (MO) has become aware of a Communication Failure Default, and hence issuing a Rectification Notice.”
Read More“The Market Operator would like to inform that Sembcorp Jinko Shine SAOC (SJSS) has submitted its application on 05 August 2024 in accordance with clauses. D.3.2.1 and D.3.2.3 of the Market Rules. The Market Operator, having reviewed and validated the information provided by the applicant as per the Market Rules, has found that the provided information and documentation are complete and valid. The first trading day for SJSS is 28 October 2024”.
Read More“The Market Operator would like to inform that Al Rusail Power Company (RPC) has submitted its application on 30 April 2024 in accordance with clauses. D.3.2.1 and D.3.2.3 of the Market Rules. The Market Operator, having reviewed and validated the information provided by the applicant as per the Market Rules, has found that the provided information and documentation are complete and valid. The first trading day for RPC is 19 August 2024”.
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