Renewable Resources Act Amendments

  • 2013-04-17
  • By Donata Pundinaite, Assistant to the Attorney at Law
ECOVIS Miškinis, Kvainauskas ir partneriai advokat┼│ kontora(Continued from previous issue)Projects that are already begun can be completed. Validity of licenses that are issued till the amendments of the Renewable Resources Act become operative is limited till July 1, 2013. However, persons that have already begun to realize a project can request for extension of a license with validity for 7 months, if they invested in project not less than 50 percent of the finances provided for the project. According to the mentioned licenses for already erected power-stations, ther...
 
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