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Ukrenergo sees 6% fall in power transmission via trunk power grids in Jan-Aug 2015

Ukrenergo sees 6% fall in power transmission via trunk power grids in Jan-Aug 2015National energy company Ukrenergo in January-August 2015 cut electricity transmission through the country's backbone and interstate power grids by 6%, or by 5.104 billion kWh, to 80.501 billion kWh, the company's press service has reported.

Over the period under review, the cost of the company's electricity transmission services grew by 35.6%, or by UAH 745.478 million, to UAH 2.838 billion.

According to the report, in the first eight months of 2015 the company increased capital investment by 8% (by UAH 108.723 million), to UAH 1.466 billion, but its general expenses fell by 5.4% (by UAH 84.385 million), to UAH 1.474 billion (in particular repair costs fell by 24.9%, to UAH 81.356 million).

At the same time, Energomarket's payments to Ukrenergo for services provided in January-August grew by 25.5%, to UAH 2.284 billion.

The total percentage of payments for Ukrenergo products for the first eight months of 2015 amounted to 80.49%.

Source: Interfax
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