Business news from Ukraine

Business news from Ukraine

“DTEK Energy” has put 16 new coal longwalls into operation

13 October , 2024  

“DTEK Energy commissioned 16 new longwalls in January-September 2024, the company’s press service said on Friday.
According to the press service, the company’s miners plan to commission nine more longwalls by the end of the year.
“This allows us to meet the fuel needs of thermal power plants at the peak of electricity consumption, accumulate the necessary coal reserves for the autumn-winter period and maintain the reliability of the Ukrainian power system,” the statement said.
In total, since the beginning of the full-scale Russian invasion, DTEK Energy has invested almost UAH 18 billion of its own funds in Ukrainian coal mining.
The investments were directed to the construction and repair of capital mine workings, completion of coal longwalls, equipping mines with tunneling equipment, underground mine transport and projects to maintain production facilities.
As reported, in 2023, DTEK Energy commissioned 26 new longwalls.
In 2023, the energy holding’s investments in Ukrainian coal mining amounted to about UAH 7 billion, which is almost twice as much as in 2022.
“DTEK Energy ensures a closed cycle of electricity production from coal. In particular, the company has established a full production cycle in coal mining: coal mining and enrichment, machine building and maintenance of mine equipment.

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