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News / 11 December 2013 | 11:40
Ukraine modernizes its energy sector

Ukraine modernizes its energy sector

The National Energy Regulatory Commission (NERC) has approved the investment component of 4.5 billion UAH of the electricity tariff for PJSC DonbasEnergo to implement reconstruction of Unit 6 of the Slovyanska TPP. The amount will be used to pay back credit funds raised for the project, the Information-Analytical Bulletin of the Cabinet of Ministers of Ukraine informs.

NERC experts explain that the investment component has been approved for the period from December 2013 to July 2021.

The investment markup will total almost 50 million UAH in December 2013, from 2014 to 2020 the annual amount of payments will total 596 million UAH, and 347.4 million UAH will be allocated in the last year.

Energy market experts say the Slovyanska Thermal Power Plant (TPP) is a so called condensing power plant (high power TPP (thousands MW) that produces only electricity working in a grid system, along with other large power plants. Its design capacity is 2100 MW, the actual capacity is 880 MW.
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