Business news from Ukraine

DONBASENERGO TO IMPLEMENT SEVERAL SOCIAL PROJECTS IN MYKOLAIVKA UNITED TERRITORIAL COMMUNITY

11 December , 2019  

Donbasenergo, abiding by socially responsible business concepts, has planned new socially and economic development initiatives for 2020-2021 to be implemented as part of collaboration with the Mykolaivka United Territorial Community.
Now, pursuant to PJSC Donbasenergo and Mykolaivka’s 2017 Memorandum of Understanding and Cooperation, the energy company undertook to develop design specifications and estimates of priority projects for the Mykolaivka Community.
The design works for the construction of an indoor arena with a 20 x 40 m mini-football field on Lesi Ukrainky Street, which started in 2019, will be completed in 2020. Consideration is being given to designing an indoor all-season hockey field over time and arranging it on the site of the existing winter arena, next to the Energetik Sports Centre.
Next year, projects will be implemented on Shkilnyi Provulok (lane), Sviatomykolaivska Street, Muzychna Street of Mykolaivka to overhaul external lighting networks. The total amount of design work for these projects prepared by Donbasenergo is UAH 0.4 million. NEFCO International Finance Organization provides the funding for implementing them.
Over UAH 1 million was Donbasenergo’s cost of developing projects to improve Mykolaivka’s transportation infrastructure. Major repairs are expected on the road surface on Sichovykh Striltsiv Street (from Voiniv Internatsionalistiv Street to Petrenka Street), along Myru Street (from Yevropeiska Street to the Central District Hospital), on Lesi Ukrainky Street (from Mykolaivska Street to Svieshnykova Ploshcha (Square)), on Yevropeiska Street (from Myru Street to Lesi Ukrainky Street.) The projects will be spinned up through a subvention from the State Regional Development Fund.
Major repairs are expected in the infectious diseases building of Sloviansk Central District Hospital (Mykolaivka, 13 Myry Street), Mykolaivka I-III stage comprehensive school No. 1 (4 Synetskoho Street) and preschool educational institution No. 43 of Mykolaivka on 43 Myry Street.
SE Ukrderzhbudekspertyza’s Pytna Vodytsia (Potable Water) project on the rehabilitation of the centralized water supply system to meet the demand for Mykolaivka potable water is also ready for deployment.
PJSC Donbasenergo is now at the forefront of Donbas’s revival and is developing business that will mould the East of Ukraine’s future and help address the present-day economic challenges.
For reference: As of November 01, 2019, 60.86 % holder of PJSC Donbasenergo is ENERGOINVEST HOLDING Private Joint Stock Company, 25 % + 1 share are held by the state represented by the State Property Fund of Ukraine, 14.14 % holders are other minority shareholders.
PJSC Donbasenergo unites two power plants: Sloviansk and Starobeshevo TPP (the latter has been located in the territory beyond the control of Ukraine since 2014). Since March 2017, due to the suspension of management, annual performance indicators of assets located in the temporarily occupied Donetsk region are not included in Donbasenergo records of accounts.
The installed capacity of Sloviansk TPP is 880 MW.