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Friday 22.02.2019 | Name days: Rigonda, Adrians, Ārija
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Minister: current government may yet decide on MPC reform

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUThe decision on reformation of the mandatory procurement component may be made by Latvia’s current government, said Economy Minister Arvils Ašeradens in an interview to Latvijas Radio.

«I have a feeling that yes,» said the minister, when asked if the decision regarding MPC reform could be made by the current government, which is set to step down at the beginning of November. The current government will remain in power until a new one has been approved.

The minister said that it is still necessary to finish the work on profit limit estimates and regulations for all power station groups, as well as discuss the matter regarding the market mechanism.

«We have entered a phase when we are ready for a second round. We will soon conclude work in the ministry and move forward,» said the minister, adding that coordination process of the document has already received more than 100 different objections from ministries.

As previously reported, the Cabinet of Ministers supported on 14 August Economy Ministry’s proposal on cancellation of MPC system in the next three years.


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