Elektrėnai, Lithuania, 2014-12-31 15:30 CET (GLOBE NEWSWIRE) -- “Lietuvos Energijos Gamyba”, AB (company code 302648707, registered office at Elektrinės st. 21, Elektrėnai, the Company), informs that on 30 December, 2014 Vilnius Regional Administrative Court accepted the Company’s appeal on the resolutions of the National Commission for Energy Control and Prices “On amendment of the resolution on the setting of the purchase price of the electricity for 2015 generated in the Lithuanian power plant owned by the AB “Lietuvos Energijos Gamyba““ (the Resolution).
By Resolution, which is adopted on the basis of the National Commission for Energy Control and Price Resolution “On the results of electricity generation market inquiry” dated 7 August, 2014, National Commission for Energy Control and Price reduced the allocated budget of SGEI of the Company for 2015.
The Company finds that the resolution is unfounded.
Valentas Neviera, Head of Corporate Communication Division, tel. +370 5 278 2908, e-mail. valentas.neviera@le.lt