Conclusion of contracts
To conclude a centralized trading market participation agreement, a wholesale electricity market entity and the single electricity buyer must:
- Send a letter of intent to conclude the agreement to JSC "KOREM" using the attached template for a letter on concluding a centralized electricity trading market participation agreement.
- Register in the Electronic Trading System of JSC "KOREM".
- Upload the following copies of legal documents to the trading system:
- a copy of the certificate/statement of state registration (re-registration) of the legal entity (for legal entities);
- a copy of the value-added tax registration certificate (for legal entities);
- a copy of the Charter or a letter confirming that the entity operates on the basis of a standard charter (for legal entities);
- a copy of the decision of the participant(s) on the appointment of the Head (for legal entities);
- if necessary, a copy of the order (power of attorney) for the person authorized to sign the Participation Agreement (for legal entities);
- documents (statements) from a second-tier bank confirming the bank details (for legal entities);
- a copy of the identity document (for an individual entrepreneur);
- a copy of the certificate or notice of state registration as an individual entrepreneur (for an individual entrepreneur);
- a copy of the license to carry out digital mining activities (for digital miners).
In addition, if the actual location of the organization does not match the details in the certificate of state registration of the legal entity, a confirmation statement of the actual location of the organization or its permanently operating management body, signed by the first head, must be submitted.
