Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Thursday, June 8, 2017
President signed Law on Electricity Market introducing competitive and transparent conditions in the industry
In the course of the visit to Trypilska TPP, President Petro Poroshenko signed Law on Electricity Market adopted by the Verkhovna Rada on April 13.
“The law is fateful and aimed against corruption. Nobody will set a price for electricity, coal, correlation anymore – we abolish things that have been justified as a formula at some point. Transparent and efficient market will set a price and the most efficient one will win,” the President said.
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