More coal for Ukraine: in 7 months DTEK ENERGY increased coal output by 15.6%
From January to July 2017, DTEK Energy increased G-grade coal production by 15.6% y-o-y to 13.4 mln tonnes. The increased production enables providing thermal power plants with fuel to secure uninterrupted power supplies to households and industrial consumers in Ukraine.
The thermal power plants running on G-grade coal are currently operating at the maximum load. They are producing more electricity to satisfy the country’s demand, and this leads to higher fuel consumption. To satisfy the rising demand for Ukrainian coal, in 2017 DTEK Energy increased investments in its coal operations by 1.5 times to UAH 4.2 bln.
The investments are intended for construction of new longwalls, repair and acquisition of required equipment and implementation of long-term projects aimed at performance improvement.
"The Ukrainian energy sector needs more electricity generated from domestic coal to reduce the country's dependence upon imported anthracite," says DTEK Energy Coal Production Director Mikhail Barabash. "Our specialists are making a good progress towards this goal."
In 2017, DTEK Energy plans to increase G-grade coal production at its mines by 9% y-o-y up to 23 mln tonnes.