At the signing ceremony in Kyiv, Luo Zhigang, chairman of Donfang, praised the tender procedure, by ProZorro

At the signing ceremony in Kyiv, Luo Zhigang, chairman of Donfang, praised the tender procedure, by ProZorro, calling it “the open, fair and the equal way of selecting the contractor for this project.” Using fluidized bed combustion technology to burn steam coal, the new technology will cut production costs, maintenance costs and air pollution. Construction is to create 3,000 jobs. Concorde Capital’s Alexander Paraschiy writes: “It will be the biggest [project] in Ukraine’s coal-fired power generation in the last three decades.”