Partners news

Norway’s AICE Hydro A.S. plans to bid in the first privatization of a small hydro plant in Ukraine

Wednesday, April 3, 2019
Norway’s AICE Hydro A.S. plans to bid in the first privatization of a small hydro plant in Ukraine

Norway’s AICE Hydro A.S. plans to bid in the first privatization of a small hydro plant in Ukraine, the State Property Fund reports. Next week an appraiser is to be chosen for the 2 MW hydro plant across the Southern Bug in Pervomaisk, Mykolaiv region. Soon after the appraisal, the 90-year-old plant will be put up for auction on ProZorro.Sale, promises Vitaliy Trubarov, head of the State Property Fund. Arne Jakobsen, CEO of AICE, says foreign investment can renew Ukraine’s small scale hydro production. Norway is Europe’s largest hydropower producer, drawing 98% of its electricity from hydro.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Tuesday, April 2
Partners news
Grain exports should hit 49 million tons this marketing year, up by almost one quarter

Grain exports should hit 49 million tons this marketing year, up by almost one quarter

Next post
Thursday, April 4
Partners news
Zelenskiy advisor Oleksandr Danylyuk calls for abolishing the State Prosecutors Office and “completely” destroying and rebuilding key judicial institutions.

Zelenskiy advisor Oleksandr Danylyuk calls for abolishing the State Prosecutors Office and “completely” destroying and rebuilding key judicial institutions.

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Previous Main Topics

Subscribe