ARSEL definition

ARSEL means the Electricity Regulatory Agency of the Recipient (Agence de Régulation du Secteur d’Electricité) established pursuant to Decree 99/125, dated June 15, 1999 (the “ARSEL Decree”).
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Examples of ARSEL in a sentence

  • To this end, the Recipient shall carry out the Project through the MINEE, ARSEL, AER and EDC in accordance with the provisions of Article IV of the General Conditions.

  • The Recipient shall maintain, throughout Project implementation, ARSEL in compliance with the ARSEL Decree, in form and substance and with functions and resources satisfactory to the Association.