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It's hard to surprise us anymore, but we are preparing for the most challenging thing – an interview with Ildar Saleev

17 July 2023, Ukraine
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It's hard to surprise us anymore, but we are preparing for the most challenging thing – an interview with Ildar Saleev
It's hard to surprise us anymore, but we are preparing for the most challenging thing – an interview with Ildar Saleev
Subscribe to our news linkedin

DTEK Energy CEO gave an exclusive interview to Interfax-Ukraine.

Key points:

  • "Due to the shelling across the entire power system, we lost about 5 GW of maneuverable generation. Speaking about DTEK's thermal generation, our losses reached 1.4 GW at the end of the winter heating season. Even if we restore and launch everything we had planned before the winter shutdown, it will still be less than what the power system had before."
  • "We plan to carry out 27 scheduled repairs. This is a much larger repair campaign, which we planned to do even before the shelling to prepare for the winter heating season. We had to invest almost UAH 3.5 billion in scheduled repairs this year alone, and another UAH 7 billion in addition to scheduled repairs to restore what was destroyed by shelling in the winter."
  • "We need financial opportunities like air. This includes market opportunities to improve liquidity to raise these funds for our preparation for the heating season and preferential lending similar to the government's 5-7-9% program. We aim to raise about UAH 5 billion through this program. "

Ildar Saleev, CEO of DTEK Energy:

"It's hard to surprise us anymore. We are preparing for the worst. Of course, in case of shelling, we will continue to strengthen our plants' protection: equipment and personnel. In addition, we are developing rapid response measures to minimize the consequences of possible hits. We are trying to repair the main and auxiliary equipment to have it available wherever possible. We work with our European partners to get equipment for the reserve. They and European energy companies provide it, which is often used, but this is also good. We will operate with all available equipment and be provided with coal. DTEK Energy's power engineers, miners, and machine builders will make every effort to ensure the stable operation of the power system."

Read the full article on Interfax-Ukraine.

DTEK Group is the largest private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005.

Our businesses generate electricity at wind, solar and thermal power plants; distribute and supply power to end consumers; extract natural gas and coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.

Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.

Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to millions of consumers across regions affected by hostilities.

DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.