Ukrenergo filed a lawsuit with the Commercial Court of Kyiv to recover 1.67 billion UAH from the SE Energorynok for the company’s services in centralised dispatch control and transmission of electricity, provided under the contract of September 4, 2000, No.136/01 before July 1, 2019.
The amount of debt is supported by payments reconciliation certificates. No payments were made to pay off the debt at the time the claim was filed.
On July 16, Ukrenergo filed a claim demanding repayment of the debt. SE Energorynok does not deny the existence of the debt, yet does not show intention to repay it.
Therefore, Ukrenergo has appealed to the court for debt collection.
With the launch the new market, the Law “On the Electricity Market” invalidates the Law of Ukraine “On Electricity” and other legislation regulating the relationship between SE Energorynok and the wholesale market participants on the basis of bilateral contracts. In this regard, on May 29, Energorynok sent a letter to Ukrenergo informing of the termination of the contract and at the same time did not take action to repay the debt before July 1, 2019.
According to paragraph 15 of Chapter XVII of the Law “On the Electricity Market”, SE Energorynok carries out activities until full repayment of its accounts payable and receivable for electricity, also, in accordance with Article 629 of the Civil Code of Ukraine, the contract is binding for both parties.