OREANDA-NEWS. January 20, 2009. The Supervisory Board of Dneproenergo approved the ‘Capital Investments Plan’ of Dneproenergo for 2009, with costs being UAH 486.768 m and financing being UAH 464.603 m, informs the press service of the company. During the meeting, the company’s Supervisory Board also approved the ‘TPPs’ Equipment, Buildings and Facilities Repair Programme’ of Dneproenergo for 2009, which provides for allocation of UAH 331.525 m for scheduled repairs.

The Supervisory Board determined the top-priority objectives for investments and the sources of their financing in compliance with the ‘Financial Plan of Dneproenergo for 2009’. Among the top-priority tasks for 2009, the technical re-equipment of Units #3 of Krivorozhskaya TPP and #9 of Pridneprovskaya TPP were determined.

These projects shall be financed at the cost of the investors’ funds.

Besides, UAH 236.211 m will be spent on repair of equipment of TPPs’ power units, UAH 88.574 m will be spent on general plant’s equipment repair and UAH 6.740 m - on repairs in structural divisions of the company.

Dneproenergo OJSC is one of the largest electricity producers in Ukraine. Three thermal power plants belong to the company: Pridneprovskaya, Krivorozhskaya, Zaporozhskaya with the total installed capacity of 8.185 GWh. Dneproenergo’s revenue in 2007 was UAH 3.8 bln and the net profit was UAH 121.938 m. A stake of 50%+1 share in the company is owned by the State represented by Energy Company of Ukraine NJSC, a stake of 46% is held by DTEK, other shares belong to minority shareholders.