Government drops idea of privatizing regional power suppliers.
Tuesday, August 31, 2021
With regards to the issue of energy, the Cabinet of Ministers, together with the State Property Fund of Ukraine (SPF), will remove state-owned stakes of shares in operators of electricity distribution systems (regional power supply companies) from the list of large privatization objects and the list of small privatization objects and instead transfer them to the management of the Ministry of Energy. This follows the decision of the NSDC made on July 30 which was put into effect by presidential decree No. 452, dated August 28, 2021.