Bulgaria Chief Prosecutor: Inspection Will Include Energy Regulator, Power Distributors
Chief Prosecutor Sotir Tsatsarov has informed that his colleagues from the Supreme Administrative Prosecutor's Office had entered the premises of the State Commission for Energy and Water Regulation (DKEVR) and requested documents on electricity prices.
Speaking Thursday before a session of the Supreme Judicial Council (VSS), Tsatsarov made clear that the prosecutors had also requested documents from the Privatization and Post-Privatization Control Agency (PPCA) concerning the deals for the power distributors.
The inspection was triggered by a series of media publications on the growing discontent of citizens from all over the country with the high prices of electricity and heating.
In his Thursday statement, Tsatsarov reminded that the probe would involve DKEVR's role in electricity price formation and the privatization contracts for power distributors.
"All contracts for the privatization of power distributors have been requested. The inspection will include the provisions of the contracts and whether they are actually observed because their implementation has an impact on the way electricity bills of Bulgarian citizens are formed" Tsatsarov explained.
He assured that the head of the Supreme Administrative Prosecutor's Office would come up with further information on the probe next week.
Bulgaria's Chief Prosecutor emphasized that the matter involved a huge load of documents specifying the obligations of power distributors at the time when they were privatized and indicating whether the terms of the contracts were being observed.
Delyan Dobrev, Minister of Economy, Energy and Tourism, argued Wednesday in Parliament that the price formation model for electricity had to be changed.
He was summoned for a parliamentary hearing to comment on the ongoing mass protests in a number of Bulgarian cities over the high electricity and heating bills.
Dobrev claimed that the problem with price formation had been in place for ten years.
Bulgaria's Economy and Energy Minister admitted that the oversight of DKEVR was inefficient and supported proposals of opposition MPs that the head of the watchdog had to be appointed by Parliament, not the Council of Ministers.
- » Bulgaria Cannot Uphold Agreement on Kozloduy NPP Unit 7 with US Westinghouse - PM
- » Bulgaria’s Gorna Arda Hydropower Complex Project Not Frozen
- » Construction of Gas Interconnector Greece-Bulgaria May Start in March 2016
- » Bulgargaz CEO Anticipates 13% Gas Price Decrease from April, 10% Decrease from July
- » Bulgarian Project Company for Oil Pipeline Burgas-Alexandroupolis Welcomes New CEO
- » Bulgarian Energy Ministry to Review Westinghouse Contract