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Latvenergo signs contract to import electricity

Oct 07, 2009
From wire reports

VILNIUS - Energijos Realizacijos Centras (ERC), subsidiary of Inter RAO JES, will supply electricity to Latvia under a contract signed with Latvian utility Latvenergo, reports news agency ELTA. According to ERC's business director Vidas Cebatariunas, "This is a practical step towards an actually functioning and free electricity market in the Baltic states." "The contract with Latvenergo satisfies the main aim of the agreement among the governments of the Baltic states, that is, to create a sin ...

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