body; - tighten responsibility of Development of consumers and senior criminal legal officials of energy regulations companies for electricity envisaging liability and natural gas theft, for theft of electricity including criminal, and natural gas administrative and disciplinary liabilities; - establish an Independent Settlement Determination of an Ensure Center to ensure that the organizational and implementation cash flow is legal structure of an sector’s of functions of distributed in a Independent an Independent transparent and justified Settlement Center Settlement manner to all energy and preparation of Center companies based on its constituent actual power flows and documents set tariffs. 2) Draft settlement rules and Make a Draft decisions by MEI, State Property Throughout procedures for power flows of respective the KR Government Fund 2014 energy companies; decision upon results of a and thorough analysis The Contract 3) Explore possible risks and should provide advantages of reorganizing MEI, State Property Second half of for full rights to distribution energy companies Fund 2013 manage and (DisCos), including changing operate a organizational structure of company and DisCos (rebundling, to be held unbundling, “as is”). accountable for improved
body; - tighten responsibility of consumers and senior officials of energy companies for electricity and natural gas theft, including criminal, administrative and disciplinary liabilities; - establish an Independent Settlement Center to ensure that the sector’s cash flow is distributed in a transparent and justified manner to all energy companies based on actual power flows and set tariffs. 2) Draft settlement rules and procedures for power flows of energy companies; 3) Explore possible risks and advantages of reorganizing distribution energy companies (DisCos), including changing organizational structure of DisCos (rebundling, unbundling, “as is”). Ensure implementation of functions of an Independent Settlement Center Make a respective decision upon results of a and thorough analysis The Contract should provide for full rights to manage and operate a company and to be held accountable for improved Development of criminal legal regulations envisaging liability for theft of electricity and natural gas Determination of an organizational and legal structure of an Independent Settlement Center and preparation of its constituent documents Draft decisions by the KR Government MEI, State Property Fund MEI, State Property Fund Throughout 2014 Second half of 2013
Action%20Plan_approved%20by%20PM_received%20from%20the%20MEI.docx