Moldova to purchase electricity from Ukraine

 An Ukrinform correspondent reports this from Moldova, referring to the Moldovan Economy Ministry.

 “After all received bids were thoroughly studied, Moldova’s Energocom decided to sign a one-year contract with Ukraine’s DTEK Trading for the supply (from April 1, 2017 until March 31, 2018) of electricity from Ukraine,” the ministry’s press service said in the report.

According to the report, Ukraine’s pricing proposal was more attractive ($50.2 per megawatt-hour), while other companies offered electricity at $54 per megawatt-hour.

Thanks to the contract signed with the Ukrainian side, the Moldovan Economy Ministry is expected to save more than $300 million.

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