The Ministry of Energy completes preparation of measures to reform coal state-owned enterprises

European states and international financial organizations can take part in projects that will be implemented as part of the reform of the coal industry and the transformation of the coal regions of Ukraine. This was discussed during a meeting of representatives of the Ministry of Energy, the Ministry of Development of Communities and Territories and the Verkhovna Rada with international partners, the press service reports.

 The parties discussed the directions and prospects of cooperation in reforming the coal industry and transforming the coal regions of Ukraine.

Olha Buslavets said that the team of the Ministry is now completing the preparation of the Concept and action plan for reforming state-owned enterprises of the coal industry.

She noted that measures would definitely be provided to solve urgent economic and social problems of the industry that will arise in the process of transformation.

The Ministry of Energy is currently investigating the market demand for thermal coal and is finalizing the development of a methodology according to which the mines will be divided into several categories. Depending on this, the prospects for the future fate of coal mining enterprises will be assessed.

At the same time, the Ministry is working on preparing a pilot project for the transformation of two single-industry towns – in the east and in the west of Ukraine. International partners have expressed interest in this project and expect concrete proposals from the Ukrainian side on cities and the criteria by which they will be selected.

“I believe that the combination of international technical assistance with investments and budgetary financing is the best option for our cooperation,” Olha Buslavets summed up.

The transformation provides for the possibility of developing other production, creating new jobs and re-profiling workers at coal mining enterprises.

Recall that the Ministry of Energy is studying the prospects for the operation of state coal mines.

Earlier it was reported that Ukraine and Germany are negotiating a pilot project to transform coal regions.

Tags: The Cabinet of Ministers, coal mining, legislation, electricity, EU, coal, energy market, TPP, ETL, electricity market, foreign affairs, debt, CHP, The Verkhovna Rada, investments, price, volumes, modernization, infrastructure, energy sector, electricity transmission, Shmyhal, coal mine, generation, crisis, Buslavets, The Ministry of Energy, economy, market

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