KYIV. Nov 23 (Interfax-Ukraine) – Green Energy Sustainable Solutions (GESS) is interested in privatization of Kherson combined heat and power plant (CHPP), the press service of Ukraine’s State Agency on Energy Efficiency and Energy Saving has reported after a meeting of Agency Head Serhiy Savchuk with GESS CEO Shaun Lee.
“Among the projects considered by the company is participation in privatization and, in case of victory, further reconstruction of Kherson CHPP. The new station will operate on biomass. Its capacity will be 50 MW of electricity and 50 MW of thermal energy. The estimated volume of investments is EUR 300 million,” the press service said.
For today, GESS in Ukraine is engaged in projects for the production of biogas, and electricity at solar power plants.
As reported, Ukraine’s State Property Fund (SPF) offers halving (up to UAH 75.74 million) the starting price of Kherson CHPP for a new privatization tender.
Earlier, the SPF tried to sell Kherson CHPP at a starting price of UAH 155 million, but there were no one willing to buy the shares.
