Elektrėnai, Lithuania, 2014-09-24 08:59 CEST (GLOBE NEWSWIRE) -- “Lietuvos energijos gamyba”, AB (company code 302648707, registered office at Elektrinės st. 21, Elektrėnai, the Company), informs that on 23 September, 2014 Vilnius Regional Administrative Court accepted the Company’s appeal on the resolution „On the results of electricity generation market inquiry“, dated 07/08/2014, No. O3-757, of the National Commission for Energy Control and Prices.
As it was stated in the Notification on material event of the Company, dated 7 August, 2014, 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.
As it was noted by 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
Person for contacts: Valentas Neviera, Head of Corporate Communication Division, tel. +370 5 278 2908, e-mail: valentas.neviera@le.lt