Document background
Power Sale Agreements are essential contracts used in Hong Kong's electricity market to formalize the relationship between power suppliers and consumers. These agreements are particularly relevant when establishing long-term power supply arrangements for large-scale commercial, industrial, or institutional consumers. The Power Sale Agreement must comply with Hong Kong's regulatory framework, including the Electricity Ordinance and the Scheme of Control Agreement, which governs the operation of power companies in Hong Kong. The document typically includes detailed technical specifications, pricing mechanisms, performance standards, and compliance requirements specific to Hong Kong's power sector. It's commonly used when establishing new power supply connections, upgrading existing arrangements, or negotiating terms for significant power consumption facilities such as data centers, manufacturing plants, or large commercial developments.
