Business news from Ukraine

Business news from Ukraine

MHP TO START BUILDING MW BATTERY ENERGY STORAGE SYSTEM

Myronivsky Hliboproduct (MHP) has announced the start of construction of a 25 MW Battery Energy Storage System (BESS) in Ladyzhyn, Vinnytsia region, this year.
According to a press release by MHP, the agricultural holding began implementing a conceptual project for the construction of the Energy Storage in Vinnytsia region as part of the creation of the energy cluster MHP Energy Hub. The implementation of energy projects of the agricultural holding is carried out by PrJSC MHP Eco Energy, which is an electricity supplier and a management company of the largest biogas energy producers in Ukraine.
“The first step of MHP Eco Energy is announcing a tender for the development of a feasibility study for connecting BESS to power grids, with the possibility of using Smart Grid Technologies in the future,” MHP said.
According to MHP, the implementation of the project for the construction of BESS with a capacity of 25 MW in Ladyzhyn will begin in 2020 and will take place in four stages: the first one of 5 MW/5MWh, the second of 5 MW/5 MWh (the total capacity of 10 MW/10 MWh), the third of 5 MW/5 MWh (the total capacity of 15 MW/15 MWh), the fourth one of 10 MW/10 MWh (the total capacity of 25 MW/25 MWh).
“Ukraine needs to reduce its dependence on “dirty” energy and very quickly upgrade its energy infrastructure through the use of Energy Storage and Smart Grid in order to remain economically competitive and energy independent. The accumulation of energy will allow us to have a power supply that will be available 24/7. Energy storage plays an important role in creating a more flexible and reliable system of operation of power grids,” MHP noted.

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UKRAINE IMPOSES 65% DUTY ON COAL IMPORTED TO UKRAINE FROM RUSSIA

The duty of 65% on coal imported from the Russian Federation to Ukraine with some exceptions is imposed from April 15, 2020, according to government resolution No. 261 dated March 18.
The exception is anthracite coal, bituminous coal and coking coal for metal industry, as well as lean coal for companies generating electricity and heat.
The imposition of the duty on imported electricity earlier announced at the government meeting is not envisaged in the document.

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UKRAINE INTERNATIONAL AIRLINES NEEDS ONE MONTH TO COPE WITH ALL-HANDS WORK WITH PASSENGERS WHO LOST TICKETS

Ukraine International Airlines (UIA) plans to start the usual mode of dialog with passengers in one month, UIA President Yevhen Dykhne has said in an interview with Interfax-Ukraine.
“I won’t tell you the exact number how many passenger requests have been handled right now. Since the termination of flights, we have about 27,000 requests pending response. And almost the same number arrived at UIA client communication platforms in the early days of this period,” he said.
According to Dykhne, the additional difficulty with handling passenger requests is that UIA is forced to quit the usual work through call centers under quarantine conditions.
“Most often, call centers are built on open space technology and work in them does not comply with quarantine conditions. Therefore, our own call center and the external call centers that serviced us were closed. We switched to e-mailing and messaging with passengers,” the president of UIA said.
A total of up to 150 people in the airline is involved in e-mailing and messaging with passengers. In one working day, this number ranges from 60 to 110, as such employees work remotely, while in the call center up to 600 employees of the airline worked simultaneously at the peak hours.
“Today, we handle up to 2,000 requests a day, but it’s still 90% less than it is being received. I think that we will need another month of work in order to get into the usual dialogue with passengers, not all-hands work, because mailing and messaging, of course, is a longer process than voice calls,” he said.

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ANOTHER THREE PLANES FROM CHINA BRING MEDICAL SUPPLIES TO UKRAINE

Another three planes from China with special means for fighting coronavirus have arrived to Ukraine, as was reported at the regular meeting chaired by President of Ukraine Volodymyr Zelensky on Thursday.
“Delivered medical supplies will be distributed not only to the supporting hospitals, but will also be delivered to the large retail chains,” the press service of the head of state said.
At the meeting, it was also decided to monitor the existence of the masks in the pharmacy chains. “If there is no basic protective equipment on sale, administrative response measures will be taken,” reads the report.

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF APRIL 10

Official rates of banking metals from national bank as of April 10

One troy ounce=31.10 grams

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 10/04/20

National bank of Ukraine’s official rates as of 10/04/20

Source: National Bank of Ukraine