Ukrainian Ambassador to the United States Valeriy Chaly held a meeting with President and CEO of U.S. General Electric Transportation Rafael Santana to joint project of Ukraine’s railway modernization, the Ukrainian Embassy to the United States has reported.
“In particular, the Ambassador stressed the importance of finalizing of the Long-term Framework Agreement between Ukrzaliznytsia and GE, that will allow to bring the American company’s world class locomotive technology to Ukraine,” the embassy said on its Facebook page on Tuesday.
Special attention Chaly paid to the issue of localization of the production of new GE locomotives in Ukraine as well as the modernization of existing fleet.
“In this regard, sides agreed that the delivery of the 30 new diesel GE Evo locomotives will be the first step for further partnership between Ukraine and General Electric, including cooperation in the energy sphere, infrastructure and healthcare,” the embassy said.
State-owned enterprise Pivdenmash (Yuzhmash, Dnipro) is expanding its participation in the programs of the European Space Agency (ESA). The enterprise seeks to supply 20 more cruise engines for the fourth stage of European Vega light launch vehicle by 2020, the press service of the enterprise has reported.
According to a posting on its website, in 2017, Pivdenmash finished a contract to produce nine units of the cruise engine for the fourth stage of Vega vehicle under an order of Italy’s AVIO S.p.A. signed in 2014.
“Totally, jointly with the previous contracts, 16 units have been shipped [to the European customer],” the press service said.
“A new contract to produce 20 more units was signed in 2017. Materials and purchased integrated parts were procured in 2017. Production will start in 2018,” the press service said.
The Vega was designed by the European Space Agency (ESA) in collaboration with the Italian Space Agency (ASI) for carrying satellites with a weight up to 1,200 kilos to a 1,200-kilometer Sun-synchronous orbit and satellites with a weight of 1,500 kilograms to a 700-kilometer polar orbit.
A contract to design and supply of the cruise engine of the fourth stage of Vega LV between Pivdenne (Yuzhnoye) Design Bureau and Pivdenmash and Italy’s Avio SpA was signed in February 2004.
In April 2012, the partners signed a three-year contract with Avio SpA to supply first batch production engines. The contract can be extended. In July 2017 the parties extended the contract until 2020.
The Ukrainian government and the ESA signed an agreement on cooperation in peaceful uses of outer space in 2008. Early 2014, the agreement was extended until 2019. The ESA unites 17 European countries.
Foreign Minister of Ukraine Pavlo Klimkin, on the results of the meeting with representatives of German business, stated their increased interest in Ukraine.
“I met with German business. They have keen interest in Ukraine. Although there are a lot of questions, but they say that a lot of work has been done during four years to make foreign business feel more comfortable,” he wrote on his Twitter page. According to Klimkin, it is necessary to tell as much as possible “success stories” for attracting foreign investments into the country.
“Business is exploring new markets mostly through “word of mouth”, so, more success stories mean more foreign investment,” the minister said.
The cost of a 99.912% stake in PJSC Mykolaiv combined heat and power plant (CHPP) for sale at a tender is estimated at UAH 57.016 million, Acting Head of the State Property Fund (SPF) Vitaliy Trubarov wrote on his Facebook page.
He noted that the interdepartmental working group on privatization under the Cabinet of Ministers and the SPF will form the conditions for privatization of the power facility. And after they are approved by the government, the CHPP will be put up for sale.
As reported, the SPF failed to sell Mykolaiv combined heat and power plant at a price of UAH 97 million due to a lack of interest from potential buyers.
Mykolaiv combined heat and power plant, with the installed electric capacity of 40 MW and heat power of 410 Gcal/h, serves about 39,400 consumers of the city.
Bank Arcada will build a substation of 110 kV in the Osokorky area in Kyiv by the end of 2018, the press service of power supply company PJSC Kyivenergo has said.
According to Kyivenergo, it is also planned in 2019 to start the construction of another 110 kV substation Slavutych. The total design capacity of the two substations is 252 MVA.
“The construction of the 110 kV Arcada substation in Osokorky was started last year and its commissioning is scheduled for the end of 2018. The Slavutych substation will be built in 2019. Thanks to the two new substations, not only the residents of the previously built high-rise buildings, but also about 30,000 future owners of housing in new neighborhoods will be provided with a stable and reliable electricity supply,” the press service noted.
Kyivenergo noted the annual electricity consumption in the capital is increasing by 4-5%, the problem of power grids development is especially acute for micro districts with active housing building.
“For example, more than 40 emergency power outages occurred in Darnytsky district during 2017 because of the overloading of transformers of the 110 kV Osokorky substation, built in the early 2000s. Further connection of new consumers to the capacity of this substation is limited,” the company said.
The National Commission for Regulation of Energy, Housing and Utilities Services (NCER) has issued a license for the supply of natural gas to TrailStone Energy LLC (Kyiv).
The decision to grant a license to the Ukrainian subsidiary of the trader TrailStone was made at a meeting of the regulator on January 16.
As reported, the NCER has already issued about 400 licenses for gas supply in Ukraine. In particular, the licenses were received by the large world companies and traders represented by Trafigura, Engie, MET, AOT Energy, DufEnergy.
TrailStone was founded in April 2013 by the team that previously held the leading posts at Deutsche Bank. The investor in TrailStone was the American private fund Riverstone Holdings LLC, founded in 2000, with offices in New York, London, Houston, and Mexico. During its existence, the fund has invested about $30 billion in more than 110 companies in North America, Latin America, Europe, Africa, and Asia.
TrailStone became one of the first sellers of gas from Europe to Ukraine, supplying it to Naftogaz Ukrainy.
