LITGRID
Price cap for electricity transmission rate set
DGAP-News: LITGRID 2015-01-20 / 09:18 --------------------------------------------------------------------- Vilnius, Lithuania, 2015-01-20 09:18 CET (GLOBE NEWSWIRE) -- On 19 January 2015, the National Control Commission for Prices and Energy (hereinafter - the Commission) set the price cap of 0,6204 EUR ct/kWh (2,1421 EUR ct/kWh) for electricity transmission rate with effect from January 1st, 2016. Since the Commission did not contact electricity transmission system operator Litgrid with regard to data, required for setting the price cap for the period of 2016-2020, Litgrid has reasonable doubts whether the said price cap was set using the correct data. Litgrid will examine the potential impact of the Commission's set rate on company's operations and ongoing projects. Vilija Railaitė Head of Communications Phone +370 5278 2361 Mobile +370 613 19977 E-mail vilija.railaite@litgrid.eu News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-01-20 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: LITGRID Lithuania ISIN: LT0000128415 End of News DGAP News-Service --------------------------------------------------------------------- 314787 2015-01-20
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