The Government of
Ukraine has approved and will submit to the Parliament a draft
law On the Electricity Market, which allows to demonopolize the
market.
The bill, which
was backed by the Cabinet of Ministers of Ukraine at its session today,
stipulates thatenterprises shall conclude direct contracts with power
producers while citizens - independently choose anelectricity
provider, informed Prime Minister of Ukraine Arseniy Yatsenyuk.
Apart from that, the draft
will afford to increase competition among the electricity producers:
"All of themwill be engaged in tough competition for better price
and volumes (of delivery)", the Head of Government stressed.
Arseniy Yatsenyuk
noted the importance to align the law on the electricity market with European
standards and to prevent an opportunity for the government-run monopoly on
the market.
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