KYIV. March 22 (Interfax-Ukraine) – State-run enterprise Electrotyazhmash has signed a contract with public joint-stock company Turboatom (both based in Kharkiv) to make hydraulic turbine generators for Kyiv hydroelectric power plant (HPP, managed by Ukrhydroenergo), the press service of Electrotyazhmash has reported.
According to the conditions of the contract, Electrotyazhmash will design and produce three hydraulic turbine generators as a turn-key project. The generators will be assembled, tested and then startup works will be conducted.
“The plant has been supplying hydraulic turbine generators for Ukrhydroenergo’s power plants since 1950s. It has large experience of cooperation with this company. The enterprise would actively participate in the modernization of the generating base of Kyiv HPP,” the press service said, citing acting Electrotyazhmash Director Dmytro Kostiuk.
As reported, Ukrhydroenergo at the end of last year signed a contract with Turboatom on reconstruction of three units of Kyiv HPP for UAH 562.431 million (VAT included).
The project will be implemented in 2017-2021.
The power plants are reconstructed as part of Hydro Power Plants Rehabilitation Project III of the European Bank for Reconstruction and Development (EBRD) and European Investment Bank (EIB).
KYIV. March 22 (Interfax-Ukraine) – Prime Minister of Ukraine Volodymyr Groysman and Chairman of German Committee on Eastern European Economic Relations Wolfgang Buchele at a meeting in Kyiv on Tuesday agreed to hold a Ukrainian-German business forum in Berlin in the second half of this year.
“It would be good to start preparations for this important forum as soon as possible. I think this is a very good idea that will bring a good overall result,” the press service of the Cabinet of Ministers quoted Groysman as saying.
The parties agreed on the creation of a working group that will prepare the forum and practical issues of implementing joint projects.
Discussing the practical issues of attracting investments from Germany, the premier noted that the Ukrainian government is interested in improving the business and investment climate in the country and is making the necessary efforts for this.
“We are working hard to create added value in Ukraine, to restructure the current model of the economy, and we are interested in deepening cooperation with German partners, which will enable us to increase production for domestic needs and strengthen export opportunities,” Groysman said.
He pointed out that Germany is one of Ukraine’s main trading partners in the European market. “Our bilateral trade and economic relations have achieved positive dynamics, but their potential has not been fully utilized,” the prime minister said.
He also praised the opening of the German-Ukrainian Chamber of Commerce and Industry, which will contribute to deepening economic cooperation between Ukraine and Germany.
KYIV. March 21 (Interfax-Ukraine) – Ukraine’s Minister of Energy and Coal Industry Ihor Nasalyk and the delegation of Korea’s Kokam have discussed the issue of building electric storage capacities, the ministry’s press service has said.
The ministry said the construction of such facilities in Ukraine would positively influence the integration of renewable energy sources into the energy system, make it easier to work in the conditions when the share of energy produced by nuclear power plants reaches 60%.
According to the ministry, now Ukrenergo and Free Energy Technologies are developing a pilot project for the creation of an electro-accumulating station.
As reported, previously the founder and CEO of Tesla, billionaire Elon Musk expressed readiness to build electric power storage systems in Ukraine at a price of $250/kW.
At present, Ukraine for energy accumulation uses only hydroelectric power stations, while Tesla and similar systems are based on “ordinary” accumulator batteries.
KYIV. March 21 (Interfax-Ukraine) – The construction of the Podilsko-Voskresensky bridge will be resumed in 2017, Head of Kyiv City State Administration Vitali Klitschko has stated.
“I’ve negotiated with Germany, we’ve attracted investors, German specialists, issued EUR200,000 for analytics, and next month the minister of infrastructure will come to Kyiv. I am sure we will get this matter moving and the construction of the bridge will begin this year,” Klitschko said on the air of 112 TV Channel.
“We should celebrate the launch of traffic on this bridge in three years,” the mayor added.
KYIV. March 21 (Interfax-Ukraine) – Ukraine has joined the memorandum of understanding on the start of cooperation with the Working Community of the Danube Countries (WCDC).
The press service of the Infrastructure Ministry reported that Minister Volodymyr Omelyan gave the information at a meeting with Austrian Ambassador to Ukraine Hermine Poppeller. The Ukrainian minister handed the memo to Austria at the meeting with the ambassador.
According to the report, in 2016, Austria initiated Ukraine’s joining the memo of understanding on the start of cooperation with WCDC in the person of Lower Austria (including Danube ports) and western Black Sea regions and ports, which was signed in February 2014.
Memo participants are regional administration of the western Black Sea region, specifically Odesa region (Ukraine), Galati and Costanza (Romania), Varna and Burgas (Bulgaria) and WCDC in the person of Lower Austria who then chaired the community.
The memo is aimed at strengthening cooperation and coordination of general economic development of the regions in cargo shipments and development of cooperation of adjacent river and sea ports. The parties will draw up joint projects and find mutually acceptable ways to finance them.
Leaders of Odesa region, Odesa and Chornomorsk city mayors, top managers of Ukrainian Sea Port Authority, Odesa maritime merchandise port and Chornomorsk maritime merchandise port signed the memo.
KYIV. March 21 (Interfax-Ukraine) – The creation of the Cyclone-4M space rocket complex in Canada by 2020 will be carried out within the commercial project of the space sector companies of Canada, the United States and Ukraine, the project will be funded by the Western investor, Pivdenne Design Bureau (Dnipro), the Ukrainian developer of space equipment, has said.
According to a report on the company’s website, a number of Canadian, American and Ukrainian companies will take part in the creation of the Cyclone-4M space rocket complex in Canada by 2020, recently announced by Canada’s Maritime Launch Services Ltd. (MLS).
Pivdenne design bureau will be responsible for the development, testing and operation of the carrier rocket and facilities and systems of the ground complex, Pivdenmash will be the supplier of Cyclone-4M launch complexes to MLS, the report says.
According to Pivdenne design bureau, the project will be financed by the Western partner: Maritime Launch Services Ltd. showed interest and on its own initiative plans to implement the project solely at the expense of its own funds and financial investments attracted from commercial sources, the report said.
