DTEK is considering suspending DTEK Pavlohradvuhillya

Due to the crisis in the energy sector, DTEK Energo, the largest private producer of electricity and coal in Ukraine, is considering the possibility of suspending DTEK Pavlohradvuhillya, said Dmytro Sakharuk, CEO of the company, Interfax-Ukraine reports.

“We are currently considering a possibility to stop the country's largest coal association, which employs 30 thousand people – Pavlohradvuhillya. The reason is commonplace: the inability to pay wages. The second reason is the inability to pay for the transportation of coal to the station, as well as providing everything needed”, he said during an online discussion The Consequences of the Global Energy Crisis for Ukraine on Friday.

Earlier it was reported that DTEK Energo had put its coal mines idle and plans to defer payments to banks.

Tags: The Cabinet of Ministers, DTEK, contracts, coal mining, legislation, electricity, The Minystry of Energy and Coal Mining, Top management, coal, energy market, TPP, drilling, coronavirus, ETL, RF, electricity market, taxes, debt, coal mining, CHP, stocks, electricity transmission, coal mine, quarantine, pandemic

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