In a recent Washington Post article, DTEK CEO Maxim Timchenko revealed that russia's missile attacks have devastated Ukraine's energy infrastructure, with the country's largest private power producer losing 86 percent of its generating capacity.
"What makes the situation worse is that many of the electrical facilities have been targeted repeatedly — a cycle of destruction, recovery, destruction," Timchenko told the Washington Post. He pointed to one DTEK power unit that was repaired just weeks ago only to be struck again over the weekend, saying "Now it's just gone."
Timchenko expressed hope that next week's Ukraine Recovery Conference in Berlin can help secure crucial equipment like gas turbines. He also aims to reach agreements to purchase decommissioned power plant equipment from Europe as DTEK works to restore capacity.
The full Washington Post article details the dire situation facing Ukraine's energy sector under the onslaught of russian strikes. DTEK remains committed to maintaining and rebuilding infrastructure to keep Ukraine's lights on.
Read the full article on the Washington Post.
DTEK Group is the largest private investor in the energy sector of Ukraine. The Group employs 55,000 people.
DTEK Group's companies are engaged in coal and natural gas mining, electricity production at wind, solar and thermal power plants, trade energy resources in the Ukrainian and international markets, distribute and supply electricity to consumers, provide energy-efficient services to customers, and develop a network of high-speed charging stations. In accordance with the Strategy 2030, DTEK strives to transform into a more energy-efficient, environmentally friendly and technological business, guided by ESG principles. DTEK is a member of the World Economic Forum's Partnering Against Corruption Initiative (PACI). Our goal is to achieve carbon neutrality.
Since the beginning of the full-scale invasion, DTEK Group has restored power supply to more than 11 million consumers in the regions affected by the hostilities. DTEK Group is 100% owned by SCM Limited. The ultimate beneficiary is Rinat Akhmetov.