The State Property Fund of Ukraine (SPF) has begun preparations for putting up for sale state-owned shares in several energy companies, namely two hydro power plants (Dniprodzerzhynsk HPP and Mykolayiv HPP) and seven regional power distribution companies (oblenergos), the SPF press service reported.
According to the report, 99.9% of shares in the HPPs and 25% of shares in the oblenergos will be sold.
The privatization of the following companies is planned: DTEK Dniprooblenergo, DTEK Donetskoblenergo, Kyivenergo and DTEK Zakhidenergo, as well as Odesaoblenergo, Donbasenergo and DTEK Dniproenergo.
As UNIAN reported earlier, on July 25, 2016, the State Property Fund began preparations for holding auctions for the sale of 60.2% of shares in Zaporizhiaoblenergo, Ukraine`s major energy company, 99.99% of shares in Ukraine chemical giant Odesa Port-Side Chemical Plant and 99.83% of shares in Kherson HPP.
On August 5, the SPF agreed to the terms of privatization of a 65% stake in state-owned company Kharkivoblenergo with a starting price of US$73 million.
SPF plans to hold auctions in August-September, 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 46% of shares in Cherkasyoblenergo, the report stated.