The modernization of the Bishkek thermal power plant in Kyrgyzstan is completed. President Almazbek Atambayev will open the renewed heat and power plant. It is noted that after the works, the installed capacity of the TPP reached 812 megawatts. It increased by 300 megawatts due to commissioning of two new power units. Another difference is…Details
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National Energy Company Ukrenergo intends to draw on international financial organizations (IFOs) as the source for its investment projects, Ukrenergo chief Vsevolod Kovalchuk said at a presentation in Kyiv while briefing on the company’s plans for 2018. “We will complete current large investment projects with the use of funds from tariffs, but we will not…Details
The state-owned Ukrainian rocket maker Pivdenmash (also known as Yuzhmash) Machine Building Plant is preparing a new batch of engines for the European launch vehicle (LV) Vega to ship to the European partners, the press service of the enterprise has reported. According to the report, in Q2 Pivdenmash produced two liquid fuel rocket engines RD-843…Details
Turkmenistan and neighboring countries of the region, which have large stocks of hydrocarbon, advocate for the diversification of the energy flows. The Parliament of Turkmenistan adopted new draft regulations on “Ratification of an agreement on strategic cooperation between Turkmenistan and the Republic of Uzbekistan” and “Ratification of an agreement on strategic cooperation between Turkmenistan and…Details
State institutions have to perform specific functions to secure payment of taxes in the interest of all residents. Without a doubt, every person working in state administration should promote awareness of residents on the importance of paying taxes. However, according to international practices, there are other creative tools to motivate people to participate voluntarily, explains…Details
The price of tickets for train No. 67/68 Kyiv-Warsaw-Kyiv from September 3 by agreement between Ukrainian and Polish railways will be reduced. According to the press service of PJSC Ukrzaliznytsia, starting from September 3 the cost of travel from Kyiv to Warsaw will be UAH 1,340, while the current ticket price is UAH 2,441. Train…Details
A total of EUR 80 million will be available in Latvia’s budget for 2018, as confirmed by Finance Minister Dana Reizniece-Ozola after the government’s extraordinary meeting. On August 29, the Cabinet of Ministers discussed requests of different ministries for priorities. Previously, the total value of priorities submitted by ministries was estimated at EUR 600 million.…Details