Business news from Ukraine

ECONOMY MINISTRY WANTS TO START PRIVATIZATION OF LARGE COMPANIES FROM SELLING ENERGY COMPANY CENTRENERGO

The Economic Development and Trade Ministry of Ukraine plans to start privatization of large state-owned enterprises (SOE) from the sale of Centrenergo, First Deputy Minister Maksym Nefyodov has said. “Centrenergo could be the first test case, and other facilities would follow it,” he said at a roundtable entitled “Ukraine on the Way of Privatization” in Kyiv on Wednesday.
Acting Head of the State Property Fund of Ukraine (SPF) Vitaliy Trubarov said that after Centrenergo, it is likely that other power supply companies would be privatized. He also said that the start of the privatization of large companies is planned for this autumn.

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NATIONAL ENERGY COMPANY UKRENERGO PLANS TO FINISH RECONSTRUCTION OF BEREZAN SUBSTATION IN MYKOLAIV REGION IN 2018 TO TRANSMIT POWER FROM VOSKHOD SOLAR

National energy company Ukrenergo plans to finish reconstruction of the Berezan 220/3510 kV substation in Mykolaiv region to accept electricity from a solar power plant of Voskhod Solar LLC with the installed capacity of 53.4 MW, the press service of Ukrenergo has reported.
“The project provides for the installation of an additional power transformer to ensure the full power output of the solar power plant to the 220 kV network, and oil-filled equipment of the 220 kV switchgear will be replaced with up-to-date efficient and reliable SF6 equipment. Assembly and startup works have been finished on the reconstructed 35 kV and 10 kV switchgears, partially on 220 kV switchgear, as well as DC equipment for own needs,” the company said.
Ukrenergo said that the completion of the first stage of reconstruction of the Berezan substation and the connection of 35 kV overhead lines will increase the reliability of the power supply to the resort areas of Mykolaiv region (Koblevo, Tuzly).
According to the data published in the ProZorro e-procurement system, the reconstruction of the Berezan substation is being carried out by Elmiko LLC for UAH 129.976 million. The owner of Voskhod Solar LLC is the Chinese CNBM International Corporation. Earlier, the project of construction of this plant was managed by Activ Solar belonged to fugitive brothers Andriy and Serhiy Kliuyev.

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NATIONAL ENERGY COMPANY UKRENERGO TO DISCUSS PLAN HOW TO DEVELOP POWER SYSTEM ON MAY 18

National energy company Ukrenergo on May 18, 2018 is to discuss the plan for developing the power transmission system for 2019-2028 in public, the company’s press service has reported. The draft plan has been posted on the website of Ukrenergo. The document contains a list of security measures for supplies of electricity, the list of facilities of the transmission system which should be built and reconstructed in coming 10 years, data on the projects to modernize the power transmission system being implemented or approved for the implementation.
Ukrenergo operates trunk and interstate power grids, as well as performs the centralized dispatching of the united energy system in the country. The company is a state-owned enterprise, it is subordinate to the Ministry of Energy and Coal Industry, but by the end of 2018 the company is to be reorganized into a private joint-stock company.

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