National Energy Company Ukrenergo has signed a contract with Xian Electric Engineering Co. Ltd. (China) to reconstruct the 330 kV Brovarska substation with the installation of an autotransformer, the press service of the company has reported. The press service said that 11 companies from eight countries took part in a tender under the rules of the European Investment Bank (EIB), which finances the project. The cost of the project fell by 25%, to EUR 19.4 million.
Reconstruction of the Brovarska substation envisages the installation of modern complete switchgears with SF insulation and the modernization of relay protection and emergency control systems.
In addition, an additional 330/110/35 kV autotransformer with a capacity of 200 MVA will be installed at the substation. This will ensure the reliability and security of energy supply to consumers of the Kyiv energy hub – Brovary, Boryspil and Baryshivka districts of Kyiv region, including the Boryspil airport, as well as expand opportunities for their further economic development.
“Modernization of the Brovarska substation is one of the strategic projects of Ukrenergo. In two and a half years, this substation will be fully automated in accordance with international requirements for reliability and safety,” Deputy Director for Investment Volodymyr Kudritsky said.
Ukrenergo operates trunk and interstate transmission lines, as well as centralized dispatching of the country’s integrated power grids. It is a state-owned enterprise managed by Ukraine’s Finance Ministry. The company will be soon reorganized into a private joint-stock company.
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Ukraine in January 2019 increased exports of electricity by 4% (by 19.7 million kWh) compared to the same period of 2018, to 511.5 million kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine.
Electricity supplies from the “Burshtyn TPP energy island” in the direction of Hungary, Slovakia and Romania increased by 7.2% (by 21.5 million kWh), to 319.4 million kWh.
Electricity supplies to Poland decreased by 22.7% (by 33.1 million kWh), to 112.9 million kWh.
Electricity supplies to Moldova amounted to 79.2 million kWh, which is 65.1% (31.2 million kWh) more than in January 2018.
Ukrainian electricity was not exported to Belarus and Russia in January 2017 and 2018.
In addition, Ukraine in January of the current year imported 2.1 million kWh of electricity (2.1 million kWh from the Russian Federation, 100,000 kWh from Belarus) against 3.2 million kWh in January 2018.
Kernel, one of the largest Ukrainian agricultural groups, received $164 million of net profit in the first half of the 2019 fiscal year (FY, July 2018-June 2019), which is 83% more than in the same period last year.
According to the company’s financial report on the website, its revenue in July-December 2019 FY increased by 2.1 times, $2.255 billion.
The operating profit of Kernel rose by 2.4 times, to $193.4 million, EBITDA by 1.9 times, to $229.9 million.
According to the company, the group’s revenue from oilseeds processing grew by 9%, to $736.5 million, from infrastructure segment and sales in July-December 2019 FY by 4.2 times, to $1.741 billion, from crop production by 22%, to $342.5 million.
According to the report, the company plans in the 2019 FY to process 3.1 million tonnes of sunflower and export 6-6.2 million tonnes of grain.
