The company said the debt was paid when Kyivenergo obtained funds on August 6, 2012 from Kyiv city administration to compensate for the difference in heat production cost and existing heat tariffs.
Thus, the company’s debt for gas supplied for the production of heat fell to Hr 1.37 billion. The debt to Kyivenergo for compensation of the difference in the tariffs as of August 7, 2012 narrowed to Hr 2.23 billion.
Kyivenergo operates almost all power facilities in Kyiv with the exception of the Darnytsa heat and electricity station. The company increased electricity output in the first half of this year by 3.7% year-on-year to 2.843 billion kWh.