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DTEK because of the crisis in the energy sector stopped the largest coal producing company in Ukraine

Mining industry / Ukraine
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the Holding company of billionaire Rinat Akhmetov announced the suspension of DTEK Pavlogradugol and three processing plants in connection with the deterioration of the situation in the energy sector of Ukraine.

DTEK because of the crisis in the energy sector stopped the largest coal producing company in Ukraine

the DTEK suspends the largest coal-mining enterprises of Ukraine "Pavlogradugol" because of the crisis in the energy sector of the country, due to a number of non-professional power solutions and led to the accumulation of significant debt in the electricity market. On 14 April at a press conference, said General Director of DTEK Maxim Timchenko.

"Today, in the situation that has developed in the electricity market (total non-payment, the lack of the ability to pay for transportation of coal, the purchase of materials), we say stop the largest coal enterprises of the country Pavlogradugol" he said.

20 APR 18 for about 700 employees of the mines, the subsidiary companies of factories and plant are displayed in a simple. Other employees will provide technical support to enterprise – ventilation of mine workings and pumping out water, maintaining of production. This will allow us to resume operations when the situation changes in the industry.

"in fact, stop Pavlogradugol is stop the coal industry of Ukraine. It was the best Association, low cost - significantly lower than in the state mines," - said Timchenko.

a Systemic crisis in the energy sector of Ukraine, which continues from last year, led to the imbalance of the energy system of Ukraine, told in the press service of DTEK.

"Manual market regulation, ill-considered decisions, lack of coordination of the industry totally destabilize the operation of all coal mines. Due to the uncontrolled import of electricity from Russia and Belarus decreased the domestic demand for electricity and, as a consequence, decreased consumption of coal at the stations. In the warehouses of thermal power plants and mines contain more than 2.9 million tonnes of untapped coal. The country suspended the work of approximately 30 coal mines, in simple there are more than 40 thousand people. Loss of thermal generation over the past six months is 3.1 billion. All thermal power plants operate below the minimum of the composition, about 50% of employees are idle," reported the company.

the holding company said that the negative situation is amplified by the General drop in the economy and the pandemic coronavirus. As a result of quarantine reduced the consumption of electricity in the country, reduced volumes of electricity production and the level of payments.

due To lack of demand domestic electricity informed DTEK Energy have already been forced to suspend 5 the mines of DTEK Dobropolyeugol, the mine "Belozerskaya" and TSOF October. But as the situation becomes more critical, it was decided to suspend the operation of enterprises of DTEK Pavlogradugol, three more processing plants of Pershotravensk RMZ and NPC DTEK.

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