DTEK Group invested UAH 11 billion of its own funds in the restoration of thermal power plants (TPPs) and coal mining in 2024.
“UAH 3 billion was spent on the restoration of TPPs. This made it possible to return more than half of the destroyed capacities to operation before the start of the heating season,” the energy holding said in a telegram channel on Friday.
The company invested UAH 7.5 billion in the mines’ operations: capital repairs, equipment upgrades, and modernization of transport. This ensured coal reserves for the stable operation of the stations.
As the company reminded, last year Russia carried out 13 massive attacks on the Ukrainian energy system, 10 of which were aimed at DTEK’s thermal power plants. At the most critical point of the year, 90% of the facilities were destroyed.
As reported, DTEK Energy BV, the holding company of DTEK Energy, ended 2023 with a net profit of UAH 13.675 billion against a net loss of UAH 5.798 billion in 2022.
“In 2023, DTEK Energy also invested about UAH 11 billion in the repair campaign at thermal power plants and Ukrainian coal mining, which is almost twice as much as in 2022, when investments amounted to about UAH 6 billion.
“Corum Druzhkovka Machine-Building Plant (Corum DrMZ), a part of Corum Group (DTEK Energy), is completing the production of three oscillating platforms for DTEK Pavlohradvuhillya mine, Corum reported on Facebook.
According to the report, the oscillating platform is a special equipment that ensures smooth movement of trolleys between the rails of the mine’s receiving platform and the cage moving in the vertical shaft. The entrance platform allows trolleys to enter and exit the mine without any obstacles.
According to the company, this is the first time such equipment has been manufactured for Dniprovska mine. Its service life is more than 20 years.
“The oscillating platforms are ready to be delivered to customers,” the statement said.
“Corum DrMZ, which will be relocated to Dnipro in 2022, according to the report, produced 430 units of mining equipment in January-November this year, as well as more than 850 thousand units of components and spare parts.
Corum Group is a leading mining equipment manufacturer in Ukraine. It is a part of DTEK Energy, an operating company responsible for coal mining and coal-fired power generation within Rinat Akhmetov’s DTEK energy holding.
“Corum Druzhkovka Machine-Building Plant (Corum DrMZ), a part of Corum Group (DTEK Energy), plans to complete the delivery of the last batch of steel structures under a large order from DTEK Energy for the production of equipment for concentration plants in February 2025, the plant said on Facebook.
“In April-2024, the machine builders mastered the production of tanks, in June they added reloading devices, and in July the plant began working on the production of more than 500 units of metal structures of almost 100 varieties,” the statement said.
“Corum DrMZ clarifies that the largest parts in the order are 20 meters long and 2.2 meters wide, and their weight exceeds 4 tons. More than 400 tons of metal have already been used for manufacturing.
“There are high requirements for production, in particular in terms of welding seams and painting,” the plant notes.
“Corum DrMZ, which was relocated to Dnipro in 2022, according to the plant, produced 430 units of mining equipment in January-November this year, as well as more than 850 thousand units of components and spare parts.
In particular, in November, the company produced 5 units of shearers, more than 81 thousand components and spare parts, and repaired a KPD shearer. The products include trolleys, skip, cage, main ventilation fan, universal wheelsets, anchors, fire pipes and high-pressure hoses.
Corum Group is a leading mining equipment manufacturer in Ukraine. It is a part of DTEK Energy, an operating company responsible for coal mining and coal-fired power generation within Rinat Akhmetov’s DTEK energy holding.
In January-September 2024, DTEK Energy’s machine builders manufactured and repaired 982 units of mining equipment, including 10 new tunnelling and shearers, and provided miners with 758,000 spare parts and components, the company said in a press release on Friday.
“Power engineers have been continuing to restore the power plant 24/7 for many months. Miners are mining coal and maintaining sufficient fuel supplies at thermal power plants, and machine builders are helping them with this by providing the necessary equipment. The key thing for everyone is to restore capacities as soon as possible and to improve the reliability of Ukrainian thermal power plants during the winter,” said DTEK Energy CEO Oleksandr Fomenko, as quoted in the document.
According to the energy holding, thanks to the support of machine builders in equipment, the company’s miners have commissioned 16 new coal faces in the first nine months of this year and plan to commission another 9 by the end of the year.
DTEK Energy’s investments in Ukrainian coal mining are expected to reach about UAH 7.7 billion in 2024.
As reported, in 2023, the company’s investments in Ukrainian coal mining amounted to about UAH 7 billion, which is almost twice as much as in 2022.
“DTEK Energy provides a closed cycle of electricity generation from coal. As of January 2022, the company’s installed capacity in thermal generation amounted to 13.3 GW. The company has established a full production cycle in coal mining: coal mining and enrichment, mechanical engineering, and maintenance of mine equipment.
Currently, most of DTEK Group’s thermal generation facilities have been destroyed as a result of Russian attacks.
“In January-September 2024, DTEK Energy invested over UAH 2.3 billion of its own funds in the repair and restoration of thermal power plants (TPPs).
According to the company’s press service, its goal is to restore as much capacity as possible that was damaged or destroyed as a result of numerous enemy attacks on the energy sector to ensure a more reliable heating season.
As reported earlier, DTEK Energy plans to invest about UAH 3.9 billion in the repair and restoration of TPPs in 2024, which is in line with last year’s investments.
Since the beginning of the full-scale Russian invasion, DTEK Energy’s TPPs have been attacked by the enemy more than 190 times. As a result of the attacks, 56 power engineers were injured and three were killed.
In March and June this year alone, the enemy carried out seven massive attacks on the company’s TPPs. The shelling destroyed or damaged about 90% of DTEK’s thermal generation capacity.
At the end of September, Bohuslav City Council authorized DTEK Kyiv Regional Grids to lease a 0.5 hectare plot of land for the construction of a 20 MW energy storage facility.
According to a post on the website of the Bohuslav city community, the purpose of the construction is to enable automatic frequency regulation in the integrated power system of Ukraine to avoid the introduction of emergency outage schedules for consumers.
The construction of the storage system will help reduce fluctuations and emergency outages and the likelihood of system accidents.
“We ask citizens who were engaged in gardening in this area to vacate the land plots after harvesting,” the statement said.
As reported, DTEK will build energy storage facilities in Ukraine with a total capacity of 200 MW, and investments in the project will amount to EUR140 million. The batteries will be commissioned in a number of regions of the country no later than September 2025.
“DTEK is also a participant in the construction of the first large-scale electricity storage project in Poland. The goal is to create a pan-European energy system designed to unite Ukraine and the EU.
“DTEK was established in 2005 to manage the energy assets of Rinat Akhmetov’s System Capital Management (SCM, Donetsk). The corporation has been delegated the functions of strategic management of the group’s enterprises, which make up a vertically integrated chain of coal mining and enrichment, electricity generation and sales.
The energy holding strives to transform into a more efficient, environmentally friendly and technologically advanced business, guided by ESG principles. The group plans to achieve carbon neutrality by 2040.
