Elektrėnai, Lithuania, 2014-10-20 15:47 CEST (GLOBE NEWSWIRE) -- The Board of the „Lietuvos energijos gamyba“, AB (company code 302648707, registered office address: Elektrinės str. 21, LT-26108 Elektrėnai, Republic of Lithuania, the Company), implementing the strategy of the Company and taking into account the opinion of the Supervisory Board, on 20 October, 2014 decided to decommission units 1, 2 of the Lithuanian power plant owned by the Company starting from 1 January, 2015 (1 unit will be decommissioned starting 1 January, 2015, 2 unit will be decommissioned starting from 1 April, 2015).
Units 1 and 2 of the Lithuanian power plant, built in 1962-1965, are non-competitive, require significant investment in repairs and were mainly used for the production of heat power. They will be replaced by the new facility which will produce heat from biofuel in Elektrėnai.
Valentas Neviera, Head of Corporate Communication Division, tel. +370 5 278 2908, e-mail. valentas.neviera@le.lt