Suggestion for EAC splitting
Suggestion for EAC splitting
20/10/2015 11:23
The legal splitting of the Electricity Authority into two entities under state control is supported by advisors, in the interim report for the organization.

Speaking before the Parliamentary Committee on trade, Energy Minister George Lakkotrypis said that with the separation of the EAC into two entities, one will be focused on networks and the other on production and supply.

He pointed out that certain entities should remain under state control.

As he said, consultants suggest partial privatization under state control.

According to Mr. Lakkotrypis, experts suggest that if EAC is not separated, the model of the competitive market will not work.

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