Ukraine’s Energoatom has its 2016 financial plan approved by year-end

Ukraine`s Cabinet of Ministers on December 14 approved a financial plan of national nuclear power generation holding Energoatom for 2016, which sets power generation at 74.2 billion kWh as a target.

Under the plan, total tax payments to the budgets of all levels are set at UAH 8 billion by the end of the year, the Ukrainian Energy and Coal Industry Ministry said.

The ministry did not provide any other details, and they were not discussed at a Cabinet meeting on that day.

UNIAN memo. State-run Energoatom is Ukraine`s largest electricity producer, accounting for about 50% of the country`s overall power output. Energoatom is responsible for the safe operation of all nuclear power plants in the country.

Ukraine ranks seventh in the world in terms of the installed capacity of its nuclear power generating units. Energoatom operates four nuclear power plants in Ukraine with 15 power generating units, all with VVER-type reactors.

Zaporizhia nuclear power plant, operating six power units with a total capacity of 6 GW, is Europe`s largest.

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