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Anastasiades: All Necessary Tools Will Be Provided For The EAC's Modernisation
January 21, 2022
President Nicos Anastasiades said on Thursday that the government would provide all necessary tools to allow the Electricity Authority of Cyprus (EAC) to modernise its operation, as well as to encourage even more independent energy providers to operate in the Cyprus market.
President Anastasiades was speaking during a meeting he chaired at the Presidential Palace on the EAC`s progress towards the new competitive environment, which was also attended by Minister of Energy, Commerce and Industry, Natasa Pilides and Minister of Finance, Constantinos Petrides, a presidency press release says.
He assured that the government`s main concern is to provide electricity to consumers at the lowest possible cost.