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Economy

Discussions on Energy sector deregulation held

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M.Jargal
2014-12-17
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Discussions on Energy sector deregulation held

Working group on Energy Sector Deregulation met yesterday and discussed the issues and solutions on State Great Khural issued Resolution No.72 on  Deregulation of the Energy Sector, which dates back to December 2010.

Ts.Bayarbaatar, Head of the Policy Implementation Department at Ministry of Energy reported on the works done in regards with the implementation of the Resolution No.72.

A.Tleikhan, Great Khural Working Group leader, D.Zorigt, Minister of Energy, D.Dorjpurev, Deputy Minister of Energy, S.Otgonbayar, Head of the Energy Regulation Committee, O.Magnai, Head of Fair Competition and Consumer Protection Agency have discussed on the possible issues related with the implementation of the Deregulation of Energy Sector in Mongolia.

Resolution No.72 on Deregulation of the Energy sector should have come into effect January 2014, but due to economic situation the implementation was postponed. Starting July 2014 the prices on energy were increased by stages to help the crawling sector with beating the losses. Working group emphasized the importance of cooperation of the suppliers through increasing the efficiency and decreasing the costs, which might be the best way to start the deregulation process in the sector.       

Working group on Energy Sector Deregulation met yesterday and discussed the issues and solutions on State Great Khural issued Resolution No.72 on  Deregulation of the Energy Sector, which dates back to December 2010.

Ts.Bayarbaatar, Head of the Policy Implementation Department at Ministry of Energy reported on the works done in regards with the implementation of the Resolution No.72.

A.Tleikhan, Great Khural Working Group leader, D.Zorigt, Minister of Energy, D.Dorjpurev, Deputy Minister of Energy, S.Otgonbayar, Head of the Energy Regulation Committee, O.Magnai, Head of Fair Competition and Consumer Protection Agency have discussed on the possible issues related with the implementation of the Deregulation of Energy Sector in Mongolia.

Resolution No.72 on Deregulation of the Energy sector should have come into effect January 2014, but due to economic situation the implementation was postponed. Starting July 2014 the prices on energy were increased by stages to help the crawling sector with beating the losses. Working group emphasized the importance of cooperation of the suppliers through increasing the efficiency and decreasing the costs, which might be the best way to start the deregulation process in the sector.       

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M.Jargal
Category
Economy
Published
2014-12-17


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