Lithuanian electricity network LESTO receives EUR 300,000 fine

According to the Commission, during the period 2011-2013 LESTO assigned EUR 16.455 million cost more than it could be assigned for regulated electricity distribution activity and EUR 1.174 million cost more than it could be assigned for regulated public supply service.

LESTO does not agree with the decision of the Commission and has appealed to court for annulment of 19 December 2014 Commission’s act of scheduled inspection.

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LESTO also does not agree with the 4 June 2015 decision of the Commission and is considering a possibility to challenge it in Vilnius Regional Administrative Court

LESTO is Lithuanian electricity distribution network operator.

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