Average retail prices for petrol and diesel fuel in Ukraine in the period from November 23 to November 30, 2018 fell by 0.85-1.03%, while prices of LPG by 2.41%, according to data from the A-95 Consulting Group (Kyiv).
As reported, in 2017, average retail prices for petrol in Ukraine increased 19.2-20.1% (UAH 4.61-4.76 per liter), and for diesel fuel 22.6% (UAH 4.84 per liter). At the same time, average prices for liquefied petroleum gas (LPG), despite a sharp increase in August due to deficit, showed an increase of only 2.9% for the year (by UAH 0.36 per liter).
Changes in average retail fuel prices UAH per liter in Ukraine:
©Source: A-95 Consulting Company
National Energy Company Ukrenergo has launched second 750/330 kV 999 MVA autotransformer at the Kyivska 750 kV substation, the press service of the enterprise has reported.
The press service said that the new AT-1 has the SERGI modern monitoring and fire protection system. The monitoring system allows remotely monitoring the main modes of operation of the AT-1, generates warning and alarm signals regarding the limiting modes of its operation, allows tracking the technical condition of the autotransformer and, if necessary, taking measures in a timely manner.
The project to install the second autotransformer at the Kyivska substation was implemented by Ukrenergo together with the Croatian company Dalekovod at the expense of loan funds from the European Investment Bank and the European Bank for Reconstruction and Development.
According to Deputy Director for Operational Management, Chief Dispatcher of Ukrenergo Vitaliy Zaichenko, the establishment of the second autotransformer reduced the load on the existing 750/330 kV autotransformers in Kyiv region, which, in turn, increases the reliability of power supply to Kyiv region and city.
“After the completion of the construction of diversions of the Chornobyl NPP-Kyivska and Pivnichna-Kyivska 330 kV transmission lines, which will connect the Kyivska 750 kV substation to the 330 kV networks of the Kyiv energy complex, this substation will provide 1 GW of additional power to the Rivne and Khmelnytsky NPPs. This will reduce the dependence of consumer power on the generation of Kyiv’s combined heat and power plant five (CHPP) and CHPP six, which burn gas. It will increase the reliability of energy supply and give a new impetus to the industrial and economic development of Kyiv region,” he said.
Ukrenergo operates trunk and interstate transmission lines, as well as centralized dispatching of the country’s integrated power grids. Ukrenergo is a state-owned enterprise under Ukraine’s Ministry of Energy and Coal Industry, but it will be transformed into a private joint-stock company soon.
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The supervisory board of PrJSC Kyiv Motorcycle Plant (Kyiv) of businessman Vasyl Khmelnytsky has agreed on signing a surety agreement for Alfa-Bank’s (Ukraine) opening a credit line for Unit Holdings LLC (Kyiv) to finance the construction of UNIT.City. According to a report in the information disclosure system of the National Securities and Stock Market Commission, the decision to consent to the transaction was made during an extraordinary shareholders’ meeting on November 30, 2018.
In particular, the matter concerns the intention of Unit Holdings LLC to raise a five-year non-renewable credit line in the amount of $8 million with an interest rate not exceeding 12% per annum from Alfa-Bank. The guarantor in the transaction will be PrJSC Kyiv Motorcycle Plant.
The press service of UDP company told Interfax-Ukraine the money raised will be used to complete the reconstruction of two new campuses of the first stage of UNIT.City.
As reported, Kyiv City Council at the end of September 2018 decided to lease two land plots with a total area of 22.2 hectares at 8 Simyi Khokhlovykh Street to Unit Zhytloinvest and Unit Holdings for the construction of a housing and office complex.
According to UNIT.City’s website, as of November 2018 two business campuses and the co-working space Chasopys.UNIT with 85 resident companies were operating in the innovation park.
It is planned in 2019 to expand the park with three more business campuses, increasing the number of tenants to 150 companies. It is planned that by 2025 the total area of UNIT.City will be 500,000 square meters.
Earlier it was reported, with reference to UDP CEO Vitaliy Melnyk, that UDP and KAN Development are engaged in the joint development of the construction of a six-storey business center in the territory of UNIT.City. Its total area will be about 13,000 square meters.
UNIT.City Innovation Park was officially opened in April 2017 in the territory of the former Kyiv Motorcycle Plant. The co-working space Chasopys-UNIT, the IT school UNIT Factory, three laboratories, a business campus, a foundation and five accelerators are located in its territory.
