Elektrėnai, Lithuania, 2014-08-07 15:39 CEST (GLOBE NEWSWIRE) --
“Lietuvos Energijos Gamyba”, AB (company code 302648707, the Company) informs that on 7 August, 2014 National Commission for Energy Control and Price adopted resolution “On the results of electricity generation market inquiry” (the Resolution). By Resolution the National Commission for Energy Control and Price declared the Company as an undertaking having significant power in electricity generation market and placed obligations on the Company, starting from 1 January, 2015, in relations to the application of the prices and disclosure of the information on the regulated activities of the Company.
During the public consultations period on the draft Resolution, the Company stated that the electricity generation market inquiry is conducted under incorrect presumptions. Due to this, the decision to declare the Company as an undertaking having significant power in electricity generation market and related obligations should not be imposed on the Company.
The Company finds that the Resolution and/or related adopted laws can influence activities of the Company.
For more information please visit the website of the National Commission for Energy Control and Price www.regula.lt
Valentas Neviera
Head of Corporate Communication Division
Tel. +370 5 278 2908
valentas.neviera@le.lt