Regarding the decommissioning of the units 5 and 6 of Lithuanian power plant owned by “Lietuvos energijos gamyba”, AB

Elektrėnai, Lithuania, 2015-12-07 16:15 CET (GLOBE NEWSWIRE) — The Board of Lietuvos energijos gamyba AB (company code 302648707, registered at Elektrinės g. 21, Elektrėnai, hereinafter referred to as the Company), implementing the strategy of the Company and taking into account the opinion of the the Supervisory Board, adopted the decision on 7 December 2015 on decommissioning of Units 5 and 6 of the Lithuanian Power Plant from 1 January 2016. Dismantling of the Units 5 and 6 is expected to start once dismantling of the Units 1 and 2 of the Lithuanian Power Plant is completed (preliminarily, early 2017).The Units 5 and 6 of the Lithuanian Power Plant (300 MW capacity, each) launched in 1967–1968 were currently under conservation. The Units are being decommissioned due to their poor technical condition, low use potential in the future and high maintenance costs.         Valentas Neviera, Head of Corporate Communication Division, tel. +370 670 25997, e-mail.