REUTERS
The state will be able to receive funds from the sale of shares in December 2018.
Acting head of the State Property Fund (SPF) of Ukraine Vitaliy Trubarov has said the Cabinet of Ministers of Ukraine approved the schedule of preparations for the privatization of JSC Centerenergo, according to which the tender for the sale of company shares will be held at the end of November this year.
"By this time, the fund needs to prepare recommendations on the price and terms of sale. Then they have to be approved by the competition commission and the Cabinet of Ministers, and in mid-October the tender will be announced as well as applications from potential buyers," he wrote on Facebook.
Read alsoUkraine's state-owned Centrenergo cuts net profit by 78.3% in 1H 2018
According to him, the state will be able to receive funds from the sale of shares in December 2018.
As UNIAN reported earlier, on March 28, the State Property Fund of Ukraine approved the list of almost 660 small-scale privatization facilities that are subject to sale in 2018.
UNIAN memo. PJSC Centrenergo is one of Ukraine's leading electricity producers. The state owns 78.289% of the company's shares. Centrenergo consists of three thermal power plants – Vuhlehirska, Zmiivska, and Trypilska – with the total installed capacity of 7,665 MW, which is 14% of Ukraine's overall capacity. Centrenergo supplies electricity to Kyiv, Kharkiv, and Donetsk regions.