State Property Fund of Ukraine regulator postpones privatization of four oblenergos until December

The State Property Fund of Ukraine (SPFU) has postponed until December the privatization of state-owned shares in Mykolaivoblenergo, Khmelnytskoblenergo, Ternopiloblenergo and Kharkivoblenergo, the SPFU reported on its website.

Previously, the SPFU planned to put up state entities for sale at an auction in November.

The SPFU also announced that privatization of 60% of shares in Zaporizhiaoblenergo and 71% of shares in Cherkasyoblenergo was scheduled for January and February 2017, respectively.

Further, the SPFU plans to sell 78.3% of shares in major power generating company Centrenergo in May-June 2017.

As UNIAN reported earlier, the SPFU planned to sell state-owned shares in power generating companies after the approval by the National Energy and Utilities Regulatory Commission of an incentive-based tariffing method on the electricity market.

The SPFU earlier planned to hold auctions offering for sale 70% of shares in Khmelnytskoblenergo, 70% of shares in Mykolaivoblenergo, 65% of shares in Kharkivoblenergo and 50.9% of shares in Ternopiloblenergo, as well as 60.2% of shares in Zaporizhiaoblenergo and 71% of shares in Cherkasyoblenergo starting from October this year.

According to SPFU Head Ihor Bilous, more than 15 investors, particularly from India, Hungary, Austria, Poland and the U.S., have shown interest in the acquisition of regional power distribution companies (oblenergos).

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