DTEK INTENDS TO INCREASE TOTAL PRODUCTION BY DOBROPILLIAVUHILLIA, BILOZERSKA MINE BY 27% IN 2017

Business news from the Ukrainian League of Industrialists and Entrepreneurs

DTEK INTENDS TO INCREASE TOTAL PRODUCTION BY DOBROPILLIAVUHILLIA, BILOZERSKA MINE BY 27% IN 2017

21 Apr , 2017  

KYIV. April 21 (Interfax-Ukraine) – DTEK energy holding plans to increase total production of DTEK Dobropilliavuhillia LLC and Bilozerska double liability company by 27% or 700,000 tonnes of coal in 2017, to 3.5 million tonnes, the press service of DTEK has reported.
“According to the new development program, by the end of this year it is planned to produce 700,000 tonnes of coal more at DTEK Dobropilliavuhillia’s coalmines than in 2016 (totally 3.5 million tonnes),” the company said.
In 2017, over UAH 1 billion will be invested in DTEK Dobropilliavuhillia. This is twice more than in 2016.
“Over UAH 4 billion will be sent [to develop the enterprise] by 2020, which would allow boosting annual production to 5 million tonnes,” DTEK said.
The company said that along with development of own production it continues buying coal from state-owned coalmines. In January-March 2017 DTEK bought 225,000 tonnes of gas coal from state-run enterprises.