Oman Decision No. 43/2024 On the Issuance of the Cost Reflective Tariff Regulation

Abrogating:

Oman Decision No. 5/2020 dated 02/12/2020

Pursuant to the Law on the Regulation and Privatisation of the Electricity and Related Water Sector issued by Oman Sultani Decree No. 78/2004;

The Regulation on the Cost Reflective Tarriff issued by Oman Decision No. 5/2020;

Upon the approval of the Council of Ministers; and

Based on the public interest requirements,

The following has been decided:

Article 1

The provisions of the attached Cost Reflective Tariff Regulation shall be implemented.

Article 2

The Cost Reflective Tariff Regulation referred to is hereby abrogated, as well as any provisions that are inconsistent with the attached regulation or its provisions.

Article 3

This Decision shall be published in the Official Gazette, and shall come into force from the day following the date of its publication.

Issued on: 21/06/1446 H.

Corresponding to: 23/12/2024

Eng. Salim bin Nasser Al Aufi

Chairman of the Board of Directors of the Authority for Public Services Regulation