DTEK offers Centrenergo coal 10% cheaper than gas used by the enterprise

Director General of D.Trading Vitaly Butenko said that DTEK Energo was negotiating with Centrenergo on coal supplies at a price that is almost 10% lower than the gas alternative, Ekonomichna Pravda reports.

“We have submitted our proposals for the supply of coal to Centrenergo TPPs, which, in our opinion, are competitive and very interesting: they are based on transparent pricing rules on an import alternative,” he said.

According to him, the proposal makes it possible to purchase coal 20% lower than what they now pay to state-owned coal enterprises and almost 10% lower than what they pay for gas.

Butenko said that negotiations had been held since July 7 with the management of Centrenergo.

On Wednesday, negotiations continue to discuss technical details.

“We started from different ends. But common sense and construct won, I would say so. At this stage, there is understanding, movement towards everyone. I am cautiously optimistic that we will be able to agree, and this problem with the supply of coal for Centrenergo at a competitive price will be resolved,” Butenko said.

Recall that Centrenergo transferred over UAH 100 million to state-owned coal mines.

Earlier it was reported that Centrenergo has a negative value of UAH 1.4 billion.

Tags: gas, DTEK, contracts, coal mining, legislation, electricity, coal, energy market, TPP, ETL, electricity market, Centrenergo, debt, coal mining, price, agreement, volumes, infrastructure, energy sector, electricity transmission, coal mine, economy, supplier, consumers

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