Business news from Ukraine

SPF AGAIN ANNOUNCES TENDER TO SELL KHERSON CHPP WITH STARTING PRICE OF UAH 155 MLN

2 February , 2017  

KYIV. Feb 2 (Interfax-Ukraine) – Ukraine’s State Property Fund (SPF) has again announced a tender to sell the 99.833% stake in the public joint-stock company Kherson combined heat and power plant (CHPP) with a starting price of UAH 155 million.

The action will be held at 11:00 on March 16. Bids can be submitted until the evening of February 28, 2017, the SPF reported on Wednesday.

As reported, the first tender to sell Kherson CHPP was announced on November 14, 2016. It was scheduled for December 22. However, the SPF received no bids in the tender. The starting price of the shares was UAH 155 million.

In October of 2016, SPF Head Ihor Bilous said investors were not interested in Kherson and Odesa CHPPs

The installed electric capacity of the Kherson CHPP is 80 MW, heat capacity is 734.7 Gcal/hr.