Ulaanbaatar (Dec 1), Electricity rates are being renewed based on the price index of 9.85 percent and heating rate to be based on price index of 13 percent. New rates to be introduced starting Dec 5, 2014.
Price index is the normalized average of price relative for domestic and international market impacts.
In 2010 State Great Khural came up with resolution to өшч electricity prices to reflect the real costs and introduce electricity price index to further free the electricity rates. In accordance with this resolution Electricity Regulatory Committee is introducing the new rates in stages for smooth transition, which is set to decrease losses in electricity and power sector, improve its financial capabilities and ensure the continuous workflow of the Power Plants.
Ulaanbaatar (Dec 1), Electricity rates are being renewed based on the price index of 9.85 percent and heating rate to be based on price index of 13 percent. New rates to be introduced starting Dec 5, 2014.
Price index is the normalized average of price relative for domestic and international market impacts.
In 2010 State Great Khural came up with resolution to өшч electricity prices to reflect the real costs and introduce electricity price index to further free the electricity rates. In accordance with this resolution Electricity Regulatory Committee is introducing the new rates in stages for smooth transition, which is set to decrease losses in electricity and power sector, improve its financial capabilities and ensure the continuous workflow of the Power Plants.