Business news from Ukraine

Business news from Ukraine

ENERGY REGULATOR APPROVES LEGAL BASE FOR TRANSFER OF UKRENERGO TO RAB

31 July , 2017  

KYIV. July 31 (Interfax-Ukraine) – The National Commission for Energy, Housing and Utilities Services Regulation (NCER) has approved some resolutions required for the transfer of national energy company Ukrenergo to Regulatory Asset Base (RAB) regulation.
The regulator approved the document at a meeting in Kyiv on Thursday.
“This is a full package for the introduction of the incentive based tariff formation for main power lines and state-owned enterprise Ukrenergo… International organizations that actively issue loans to Ukrenergo have been waiting for this package for a long period of time,” NCER Head Dmytro Vovk said.
The regulatory income limit for these companies is set at 12.5%.
Ukrenergo operates trunk and interstate power grids, as well as carries out the centralized dispatching of the united power system of the country. The company is owned by the state and subordinated to the Ministry of Energy and Coal Industry.