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High priority aspects of deeper economic reforms in the energy sector


• Sequential implementation of measures on demonopolization in the energy sector, its deregulation, establishment of competition in electric energy distribution, provision of equal opportunities and access of market participants to power transmission lines;
• Phased transformation of the large energy sector enterprises (such as thermal power plants, combined heat and power plants, power grid enterprises, etc.) into joint stock companies;
• Accelerated deregulation and privatization of social infrastructure, enterprises and agencies involved in design works, building and installation, and maintenance. Establishment, on their basis, of nongovernmental forms of property including private enterprises;
• Widely attract foreign investments in transformation of the energy sector enterprises into joint stock companies, reconstruction, modernization, and further development of power generating facilities and power grids;
• Introduction of market principles and mechanisms in the management systems and economic relations related to power generation, transportation and sales;
• Ensure integrated and sustainable development in the energy sector and coal mining.