The Ministry of Finance of Ukraine approved NPC Ukrenergo’s Financial Plan for 2021 with a net profit at the level of UAH 171.4 million. The Plan is based on the calculation of the Company’s current tariffs for transmission services – 293.93 UAH/MWh and for dispatching services – 39.41 UAH/MWh.
Key indicators of NPC Ukrenergo’s Financial Plan for 2021:
- Income – UAH 79.79 billion
- Net profit – UAH 0.17 billion
- Contributions to the budget –UAH 1.24 billion
- Expenses on PSO and RES curtailment compensation – UAH 29.03 billion
- Operations on the Balancing Market – UAH 24.99 billion
At the same time, the revenue from the transmission services to finance the core activity of the Company is almost 2.5 times less than the revenue intended for PSO and RES curtailment compensation (UAH 11.8 billion versus UAH 29.03 billion). No dividends are expected due to the Company’s negative financial result in 2020.
The planned volume of electricity transmission in 2021 including imports/exports is projected at the level of 138.96 million MWh.
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