Provisional Suspension upon entry into force of the LIE
As a follow up to the published note related to the recent reform to the Electricity Industry Law that entered into effect on March 10, 2021, we hereby inform you that today, March 11, 2021, the Second Administrative Judge specialized in Economic Competition, Broadcasting and Telecommunications, granted a provisional suspension to the entry into effect […]
Reform to the Electricity Industry Law
On March 10, 2021, the “Decree amending and adding various provisions of the Electricity Industry Law” (hereinafter, the “Decree”) published in the Official Gazette of the Federation on March 9, 2021, came into effect, which seeks to strengthen the Federal Electricity Commission (hereinafter “CFE”) against other competitors.