The National Commission canceled the licenses of two more companies associated with Russia

The National Commission, which carries out state regulation in the fields of energy and utilities, canceled the licenses of two energy companies whose ultimate beneficiaries are citizens of the Russian Federation.

According to Ukrinform, this is reported by regulator’s press office.

“After documentary confirmation of the establishment of control over the activities of the licensee in the meaning given in Article 1 of the Law of Ukraine “On the Protection of Economic Competition”, residents of the states committing armed aggression against Ukraine, in the meaning given in Article 1 of the Law of Ukraine “On Defense of Ukraine”, the Regulator revoked the licenses of two companies,” the statement said.

Thus, the licenses of Generation Plus (electricity generation) and BNH Ukraine (natural gas supply) companies were annulled.

Read also: NEURC has limited access to information on energy resources for the period of martial law

As reported, on April 20, NEURC canceled the licenses of five companies associated with Russia

On February 24, Russian President Putin announced the start of a large-scale invasion of Ukraine, Russian troops are destroying infrastructure, carrying out massive shelling of residential areas of Ukrainian cities and villages using artillery, multiple launch rocket systems and ballistic missiles.

On March 3, 2022, the Verkhovna Rada adopted the law “On the main principles for the forced seizure in Ukraine of objects of property rights of the Russian Federation and its residents.”

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