city state administration (KCSA) and Kyiv city Council proposes to amend the authorized capital of the municipal enterprise “Kievteploenergo” 7 billion 420,083 million.

A draft decision signed by the Deputy head of the KSCA Peter Panteleev will be considered by the Commission Kyivrada on energy and utilities on Thursday.

Read the news also on the website “Energoinform

“Increase the authorised capital of the municipal enterprise “Kievteploenergo” for $ 7 billion 420,083 million UAH at the expense of cash contribution of the owner”, – stated in the project document.

The explanatory Memorandum stated that funds are needed to ensure reception of the heat power complex of the capital of the PJSC “Kyivenergo” and ensure its continued functioning. In particular, the necessary purchase of equipment, materials, communications, computer technology, organization of the dispatching service. You will also need funds for advance payments for gas .

As reported, “Kievteploenergo” will of the heating system of the capital of “Kyivenergo” from April 2018.