ID :
160066
Thu, 02/10/2011 - 15:39
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http://m.oananews.org//node/160066
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LAW ON ENERGY TO BE AMENDED
Ulaanbaatar, Mongolia, /MONTSAME/ A draft amendment to the law on energy was discussed and backed at the regular cabinet meeting held Wednesday.
The amendment, to be submitted to parliament later, has been initiated in order to index the price of electricity, reduce negative influences of losses created by sudden factors and force majeure, to tackle financial sources for creating an energy safety stock and to create a legal environment.
The amendment states that the government has rights to approve rules for indexing energy prices and tariffs, endorse a list of the energy safety stocks, collect resources and tackle its capital source, and to approve a market rule to regulate trade activities of the unified network.
Additional clauses have been placed in the law's chapter on rights and responsibilities of state central administrative bodies as making and approving some rules for drawing up energy sector's policy, fixing the periods of heating, implementing human resources policy.
B.Khuder
The amendment, to be submitted to parliament later, has been initiated in order to index the price of electricity, reduce negative influences of losses created by sudden factors and force majeure, to tackle financial sources for creating an energy safety stock and to create a legal environment.
The amendment states that the government has rights to approve rules for indexing energy prices and tariffs, endorse a list of the energy safety stocks, collect resources and tackle its capital source, and to approve a market rule to regulate trade activities of the unified network.
Additional clauses have been placed in the law's chapter on rights and responsibilities of state central administrative bodies as making and approving some rules for drawing up energy sector's policy, fixing the periods of heating, implementing human resources policy.
B.Khuder
