The Government of Ukraine has approved
and will submit to the Parliament a
draft law On the Electricity Market, which allows to demonopolize
which was backed by the Cabinet of Ministers of Ukraine at its session today,
stipulates that enterprises shall
conclude direct contracts with power producers while
citizens - independently choose
an electricity provider, informed Prime Minister of
Ukraine Arseniy Yatsenyuk.
Apart from that, the draft will afford to increase
competition among the electricity producers: "All of them
will 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.