Ukraine: Akhmetov’s mines to revert to the state
State-owned Centreenergo has asked the court to invalidate the concession agreement of the Rovenkiantracit coal company between the Ministry of energy and coal industry and DTEK.
State-owned Centreenergo has asked the court to invalidate the concession agreement of the Rovenkiantracit coal company between the Ministry of energy and coal industry and DTEK.
DTEK continues to prepare its thermal power stations for winter and notes that anthracite deliveries from the ATO zone are still limited due to the lack of empty cars.
“The mine with the project capacity of 900 thousand tons would this year yield over 1.5 million tons of coal”, said DTEK Pavlogradugol CEO Sergey Voronin.
From September 28 to October 4 DTEK increased its thermal power stations coal stocks by 100.6 thousand tons: that week they received 451.5 thousand tons of coal and used 350.9 thousand tons to produce electricity.
Rinat Akhmetov’s DTEK assets have been illegally privatized and their return to the state ownership will look not like reprivatization or nationalization, but like a return of the wrongfully amortized property.
On September 24-25, DTEK Pridneprovskaya Thermal Power Station received its first 300 railroad cars of anthracite – 20 thousand tons. The company tries to do its best to start the heating season in Dniepropetrovsk in time.
DTEK has resumed deliveries of coal from the Russia-supported terrorist-occupied regions of Donbass.
Dobropolyeugol coal extraction in January-July missed the targeted results by 31%, with coal losses exceeding 700 thousand tons.