VIRIDIAN GROUP PLC - Statement re Price Control.

PR Newswire UK Disclose, June, 2006

 
                              VIRIDIAN GROUP PLC 
 
                  UPDATE ON NIE TRANSMISSION AND DISTRIBUTION 
 
                             PRICE CONTROL REVIEW 
 
                                  9 June 2006 
 
The Northern Ireland Authority for Energy Regulation (NIAER) today published a 
further consultation paper in connection with the five year price control to 
apply to the transmission and distribution (T&D) business of Viridian's 
subsidiary, Northern Ireland Electricity plc (NIE), with effect from 
1 April 2007. 
 
In December 2005 NIAER set out its initial proposals for T&D's price control 
for the fourth regulatory period (RP4). This was followed by a consultation 
period until 31 January 2006 and a review by NIAER's consultants of T&D's 
proposed capital...

            
        
    
    	    
                
                
	

		

					 
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