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The Power Supply Contract is a critical legal instrument used in Saudi Arabia to formalize the relationship between power suppliers and consumers. It is essential for businesses requiring dedicated power supply arrangements, particularly in industrial, commercial, and infrastructure sectors. The document must comply with Saudi Arabia's regulatory framework, including ECRA regulations, environmental standards, and Sharia law principles. Typically used for medium to long-term power supply arrangements, it covers technical specifications, operational requirements, pricing mechanisms, and risk allocation. The contract addresses both standard power supply aspects and jurisdiction-specific requirements such as local content rules and Islamic finance considerations where applicable.

1. Parties: Identification of the power supplier and purchaser, including full legal names, registration details, and addresses

2. Background: Context of the agreement, including relevant licenses and authorizations held by the parties

3. Definitions and Interpretation: Detailed definitions of technical and legal terms used throughout the contract

4. Supply Obligations: Core obligations regarding power supply, including quantity, quality, and availability requirements

5. Connection and Delivery Points: Specification of physical points where power will be supplied and metering arrangements

6. Technical Requirements: Technical standards, compliance requirements, and operational parameters

7. Metering and Testing: Requirements for measuring supplied power, testing procedures, and meter readings

8. Charges and Payment: Pricing structure, payment terms, invoicing, and payment security requirements

9. Security and Performance Guarantees: Required guarantees, performance bonds, and security deposits

10. Term and Termination: Duration of the contract, renewal provisions, and termination circumstances

11. Force Majeure: Events constituting force majeure and consequences thereof

12. Liability and Indemnification: Allocation of risks, liability limitations, and indemnification obligations

13. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law

14. Confidentiality: Protection of confidential information and trade secrets

15. Notices: Communication procedures and contact details for official notices