3:36:32 PM | 4/19/2011
On contrary, when input factors change and cause electricity production cost to increase by 5 percent, EVN will raise power prices at the same rate, subject to approval from the Ministry of Industry and Trade.
In case input cost factors change and cause electricity production cost to increase by over 5 percent, EVN must report the situation to the Ministry of Industry and Trade and refer its plan to raise power prices to the Finance Ministry for consideration before submitting it to the Government for approval.
The Prime Minister also asked the Ministries of Finance, and Industry and Trade to set up a power price stabilization fund based on the annual audit results of EVN.
(TT)