KYIV, Aug 14 – The Cabinet of Ministers on Wednesday put amendments to the mechanism of functioning of public service obligations (PSO) in the electricity market.

The relevant decision was voted in accordance with an abridged procedure.

Initially, draft amendments to PSO were not put on the agenda of a government meeting on that day. The intention of the Cabinet of Ministers to take the appropriate decisions became known from the speech of Minister of Energy and Coal Industry Ihor Nasalyk. He said that among other things, on August 14 amendments will be put to the PSO mechanism, which will allow reducing the cost of electricity for large industrial consumers.