Ukraine in January-October 2018 exported electricity worth $266.113 million, including $28.728 million in October alone.
Hungary bought electricity worth $154.69 million, Poland $62.684 million, Moldova $42.169 million, other countries $6.57 million, Ukraine’s State Fiscal Service has said.
Exports of Ukrainian electricity in monetary terms in January-October 2018 increased by 27.1% compared to the same period in 2017 ($209.293 million).
Over the period under review, Ukraine imported electricity worth $1.22 million, in particular, electricity imports from the Russian Federation were estimated at $1.156 million, from Belarus at $0.058 million, from Moldova at $0.006 million.
As reported, Ukraine plans in 2018 to increase exports of electricity to the EU and Moldova by 13.3% from 2017 to 5.855 billion kWh. According to the forecast for 2018, deliveries from the Burshtyn TPP energy island to Hungary, Slovakia, Romania will be 3.6 billion kWh, to Poland 1.2 billion kWh, and to Moldova 1.055 billion kWh.
The project of modernization of the Kharkiv Tractor Plant, investment in which could be around $2-3 billion, foresees the creation of a multifunctional ecosystem for business on its basis, which will include a potent industrial park, a complex with research, technological and technical base for implementation of innovative projects (a technological park) and other facilities, including logistic, training and research centers, the plant has reported on its website. “We are currently planning a big project for the reconstruction of the Kharkiv Tractor Plant. I think this is an investment of about $2-3 billion. We started yesterday and we will continue several years. It will be very interesting from the point of view of professional use. I always like projects that keep me on my toes,” the owner of the DCH group, which includes the Kharkiv Tractor Plant, Oleksandr Yaroslavsky said.
The project will, in particular, attract students and scientists from Kharkiv. Yaroslavsky said that the medium-term program for the development of the enterprise currently being implemented provides for an investment of DCH in the amount of about UAH 230 million. “We have focused mainly on the modernization of tractors. Almost more than 200 innovations in the model were made. The model has changed in quality both externally and internally, therefore the tractor has become more competitive,” Yaroslavsky said.
He said that about 800 new tractors would be off the line this year, approximately the same volumes are planned for next year: the plant does not work “for storing in a warehouse,” but manufactures products in accordance with the order portfolio. “We end this year and make the same plans, at least. Every year, every time, they create difficulties and problems for me with the Kharkiv Tractor Plant. Previously, it was running hurdles, now swimming in a pool without water. Tit is the more interesting, the more fun. I am responsible for the team. The team should be with a salary, and I will find options for a solution,” the businessman said.
Yaroslavsky recalled that the main market for the plant is Ukraine, and foreign markets are important to a lesser extent. “Taking into account that the markets have been lost, we have to restore. However, this process will take a certain amount of time. We are used to work. The company is interesting, the Kharkiv Tractor Plant is the leader of Ukrainian engineering and will not be left without attention,” Yaroslavsky said.
According to the information on the company’s website, earlier, Kharkiv Tractor Plant Director Andriy Koval reported that this year the plant increased sales of products in Ukraine by 40%.
JSC Ukrgazvydobuvannia plans to build a solar power plant with a capacity of 3.078 MW in Andriyivka (Kharkiv region) where the Shebelynka gas refinery is located, according to a report in the ProZorro e-procurement system. The expected cost of the construction project is UAH 82.324 million. The tender documents could be submitted before December 6, 2018.
Ukrgazvydobuvannia, fully owned by Naftogaz Ukrainy, is Ukraine’s largest gas producer, which provides about 75% of the total gas output in the country.
As reported, early 2018, another company of Naftogaz Ukrainy – Ukrtransgaz – launched a solar power plant with a capacity of 0.3 MW.
The Black Sea Trade and Development Bank (BSTDB) is considering a possibility of participation in financing of construction of a wind farm in Kherson region with an installed capacity of 250 MW by SyvashEnergoProm LLC, a subsidiary of Norway’s NBT, the bank has reported on its website.
The sum of financing is not specified.
As reported, early September 2018, an agreement on the implementation of an international investment project to build a complex of wind farms in Kherson region with NBT to play the leading role in the project was signed. The wind farm would allow satisfying almost the half of the needs in electricity in Kherson region. According to the project, by the end of next year 67 wind turbines will be installed along the coast of the Syvash Lake. Total investment under the agreement is almost $450 million.
The European Bank for Reconstruction and Development (EBRD) will consider a loan worth up to EUR 150 million for SyvashEnergoProm LLC for the construction of the wind farm, of which up to EUR 75 million would be funded from the EBRD resources and the remainder would be syndicated in a B-loan structure to eligible institutions.
NBT acquired SyvashEnergoProm in Kherson, Ukraine in April 2018. The plan is to construct a wind farm with installed capacity in the range of 250–330 MW, the company said.
In 2006, Kherson Regional State Administration transferred the unfinished Syvash wind power plant to concession to SyvashEnergoProm until 2055.
BLACK SEA TRADE, CONSTRUCTION, DEVELOPMENT BANK, MULLING FINANCING, WIND FARM
One troy ounce=31.10 grams
