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12:58 18.01.2021
Energoatom to send most of UAH 5.1 bln received from Guaranteed Buyer for pay to Westinghouse, other suppliers – president 2 min read
National Nuclear Generating Company Energoatom will use most of the approximately UAH 5.1 billion that will be received from state-owned enterprise Guaranteed Buyer as debt repayment for fuel to Westinghouse and other suppliers, acting President of Energoatom Petro Kotin has said. The funds received will mainly go to pay off debts to our suppliers, including paying for fuel to Westinghouse, he wrote on his Facebook page on Sunday.
At the same time, he called a wise decision the resolution of the National Energy and Utilities Regulatory Commission of Ukraine (NEURC) issued on Saturday ordering Guaranteed Buyer to distribute to Energoatom at least 50% of the funds received from NPC Ukrenergo taken as loans from three state-run banks in the amount of UAH 10.25 billion. The decision is of great importa
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RES associations urge regulator to abandon distribution of Ukrenergo loans, set out their position to EU, IFIs 4 min read
The position of the National Energy and Utilities Regulatory Commission of Ukraine (NEURC) on the issue of distribution of NPC Ukrenergo s loan funds provided for repayment of its debt to the state-owned Enterprise Guaranteed Buyer contradicts the norms of the current legislation and the powers of the regulator, according to the profile RES associations.
This is discussed in the letter of the Ukrainian Wind Energy Association, the Ukrainian Association of Renewable Energy and the European-Ukrainian Energy Agency (EUEA) dated January 12 to Head of NEURC Valeriy Tarasiuk, as well as Chair of the Dispute Resolution and Negotiation Centre of the Energy Community Secretariat Dirk Buschle, EU Ambassador to Ukraine Matti Maasikas, World Bank Regional Country Director for Eastern Europe Arup Banerji, EBRD Managing Director for Eastern Europe Matteo Patrone, and