Business news from Ukraine

Business news from Ukraine

“DTEK Energy” has invested UAH 1.2 bln in restoration of thermal power plants

In January-March 2025, DTEK Energy invested about UAH 1.2 billion in repairs and restoration of thermal power plants that suffered from massive enemy shelling.

“This is a third of the total investment in the restoration of TPPs over the past year,” the company said in a press release.

DTEK noted that the repair campaign is ongoing as the level of damage caused by the aggressor’s attacks remains extremely high.

As reported, as of the summer of 2024, 90% of the company’s thermal generation was damaged or destroyed. Although the power engineers managed to restore more than half of the capacity on the eve of winter, another massive shelling in November and December caused new serious damage.

“Our main task today is not to stop but to continue the reconstruction work. We are working hard to be ready for the summer peak loads and the upcoming heating season,” said DTEK Energy CEO Oleksandr Fomenko.
In 2024, the energy holding invested UAH 3.6 billion in the restoration of thermal power plants and another UAH 7.5 billion in the development of domestic coal mining.

Last year, the Russian Federation launched 13 massive attacks on the Ukrainian energy sector, dealing a serious blow, in particular, to DTEK Energy’s thermal power plants. In total, since the beginning of the full-scale invasion, the company’s TPPs have been attacked 205 times. As a result of the attacks, 56 power engineers were wounded and four were killed.

“DTEK Energy provides a closed cycle of electricity generation from coal. As of January 2022, the pre-war installed capacity in thermal power generation was 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.

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“DTEK Energy” manufactured and repaired over 800 units of mining equipment

In January-March this year, DTEK Energy’s machine builders manufactured and repaired nearly 806 units of mining equipment, including three new shearers for mining operations.

According to the energy holding in a press release on Thursday, the machine builders also provided the mines with more than 527,000 spare parts and components.

“We have completed this heating season and are already preparing a more reliable support for the next winter. To do this, power engineers continue to restore the power plant 24/7, miners provide fuel for thermal generation, and machine builders support them with all the necessary equipment,” said Alexander Fomenko, CEO of DTEK Energy.

According to the report, DTEK Energy’s miners commissioned the first three new coal faces in January-March.

As reported, in 2024, the company’s investments in Ukrainian coal mining amounted to UAH 7.5 billion, and over the past three years (2022-2024) – UAH 18 billion. The funds were allocated for the construction and repair of capital mine workings, completion of coal longwalls, mine tunneling equipment, underground mine transport and production capacity support projects.

“DTEK Energy provides a closed cycle of electricity generation from coal. The company’s installed capacity in thermal generation amounted to 13.3 GW as of January 2022. The company has established a full production cycle in coal mining: coal mining and enrichment, mechanical engineering and maintenance of mine equipment.

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“DTEK Energy” has employed over 3.8 thousand IDPs

Since February 2022, DTEK Energy’s coal mining, energy and machine-building enterprises have provided jobs for more than 3.8 thousand internally displaced people.

As the company said in a press release on Wednesday, more than 80% of those employed joined DTEK Energy’s coal mining companies. Most of them did not have a mining specialty and were retrained on the job. There are also many young people among the new employees who got their first job at Ukrainian mines.

“As a reliable partner and responsible employer, we systematically support the communities of the regions where our enterprises are located. We are always ready to accommodate people who have been forced to move,” said DTEK Energy CEO Aleksandr Fomenko.

“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.

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“DTEK Energy” puts first two coal longwalls into operation

In January, DTEK Energy’s coal mining enterprises commissioned the first two new longwalls this year, the energy holding said in a press release on Wednesday.

“We have to think not only about this heating season, but also prepare for the summer consumption peaks and the next winter. We are working as a team – power engineers, miners and machine builders. We are already commissioning coal longwalls to ensure a stable supply of resources for our TPPs,” said DTEK Energy CEO Oleksandr Fomenko.

In 2024, the company’s investments in Ukrainian coal mining amounted to UAH 7.5 billion. These funds were spent on the construction and repair of capital mine workings, completion of coal faces, equipping mines with tunneling equipment, underground mine transport and projects to maintain production facilities.

As reported, DTEK Energy’s machine builders manufactured and repaired almost 1.1 thousand units of mining equipment in 2024. The key products include 11 new roadheaders and shearers.

“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.

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DTEK Energy manufactured and repaired 1.1 thousand units of equipment in 2024

DTEK Energy machine builders manufactured and repaired almost 1.1 thousand units of mining equipment in 2024.

“The key products include 11 new roadheaders and shearers,” the energy holding said in a press release on Tuesday.

The machine builders also provided more than a million spare parts and components to meet the needs of miners.

“Reliability of the energy sector and the heating season largely depend on the coordination and daily work of everyone. Ukrainian machine builders continue to make a significant contribution to this by supporting miners and Ukrainian coal mining,” said DTEK Energy CEO Oleksandr Fomenko.

As reported, last year DTEK Energy’s investments in Ukrainian coal mining amounted to about UAH 7.5 billion and were directed to the construction and repair of capital mine workings, completion of coal faces, provision of mine tunnelling equipment, underground mine transport and production capacity support projects.

“DTEK Energy provides a closed cycle of electricity generation from coal. The company’s installed capacity in thermal generation amounted to 13.3 GW as of January 2022. 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.

“DTEK Energy” has manufactured 11 new roadheaders and shearers

DTEK Energy’s machine-building enterprises manufactured and repaired 1,039 units of mining equipment in 10 months of 2024.

“The key products include 11 new roadheaders and shearers. The machine builders also met the needs of miners with 831,000 spare parts and components,” the company said in a press release on Friday.

“Power engineers are not giving up and are carrying out restoration work 24/7. Ukrainian miners also continue to work hard to provide thermal generation with the necessary fuel. Machine builders are also at their best, making sure that miners have all the equipment they need to produce coal,” said DTEK Energy CEO Aleksandr Fomenko.

Thanks to the support of machine builders in equipment, the company’s miners have commissioned 18 new longwalls in 10 months of 2024 and plan to commission eight more by the end of the year.

The company’s investments in Ukrainian coal mining are expected to reach about UAH 7.6 billion by the end of the year.

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.