Ukraine To Produce 500 GWh Of Electricity For Russia.
2 October 2008
A member of the Board of Russia’s RAO UES Andrey Rappoport said that RAO had agreed to buy 500 GWh of electricity monthly from Ukrainian gas-fueled power plants this winter. It looks likely Centrenergo’s (CEEN: HOLD) Uglegorsk TPP will produce this energy. Alexander Paraschiy: The stated amount of electricity is enough to load one 800 MW power unit fully. However, as we stated earlier it is not clear how economically beneficial this will be for CEEN.
