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Ukrainian thermal power station soon pass entirely into private hands

February 16 2008

This year, the Ukrainian authorities will establish a program of privatization of local thermal power plants and cogeneration plants - thermal power plant and elektrotsentrali become private companies. This was reported by NAC "Energy Company of Ukraine" - that she requested to develop a program of privatization of generation companies and cogeneration power station.

"The only way to rehabilitate power generation capacity of thermal power plants and power generators is to sell the state controlling stakes in these companies to a strategic investor", - said the president of NAC, "ESC" Vladimir Zinevich.

The main condition of the company's sales should be the investment obligations of the buyer within a certain time (5-10 years) to update and ensure follow-effective operation of generating capacity thermal power plants and CHP plants. It is reported by RBC.

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