Ukraine plans to complete coal industry reform by 2030

Ukraine plans to complete coal industry reform by 2030

Ukrinform
Ukraine plans to complete the coal industry reform by 2030, during which part of the state-owned mines will be transferred to PJSC Centrenergo power generating company and privatized together with it.

As Deputy Energy Minister of Ukraine Yaroslav Demchenkov said on the air of Dom TV channel, there are currently 33 state-owned mines in the government-controlled territory. Some of them will be transferred to Centrenergo and privatized together with it. In particular, according to him, 5-6 mines could be transferred in Centrenergo’s ownership. Another part of the mines will be privatized.

"These are the ones that have promising coal beds, and coal can be mined there for several more decades. We will try to find an investor for them," Demchenkov said.

The mines, in which the investor will be definitely not interested, will be transferred to the government.

"We will prepare these mines for liquidation; we will think together how to raise funds. Apart from investments, we have international technical assistance. Last year, we signed an energy partnership agreement with Germany, which stipulates that Germany will help Ukraine implement the fair transformation of the coal industry," the deputy minister said.

Pilot transformation projects are implemented in Volyn, Lviv, Luhansk and Donetsk regions as they have the main concentration of state-owned coal mines, Demchenkov said.

As reported, the territories of Donetsk and Luhansk regions, which are not under Ukraine's control, are on the verge of environmental disaster. The occupation administration stopped pumping water at the Yunkom mine, which had been flooded three years ago, and radioactive water is already entering the drinking water level.

ol


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2021 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-