13,744.64 TRY BIST 100 BIST 100
53.73 EUR EUR EUR
46.31 USD USD USD
6.89 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
99.92 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

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

Industrial production index increased on both a monthly and annual basis in April

Monday, June 15, 2026

TÜİK announces May inflation data

Friday, June 5, 2026

U.S. plans new tariff measures on imports from 60 countries

Wednesday, June 3, 2026

Germany’s manufacturing sector came to a near standstill in May

Tuesday, June 2, 2026

White goods sales saw a limited decline in april, while production growth stood out

Saturday, May 23, 2026
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