OREANDA-NEWS. The Government will allocate 120 million UAH for reconstruction of lignite mines in Kirovograd region in 2008, Coal Industry Minister Serhiy Tulub told when touring the region on a working trip, reported the Official website kmu.gov.ua. 

According to the Minister, the process of reconstruction and repair works at Kirovograd lignite mines needs to be accelerated, as by 2007 close the mines must extract their first 50,000 tons of brown coal.

Next year, according to the state program of the lignite branch development, enterprises of the Oleksandriya Coal Holding must start production of power from their own raw material. An investor is supposed to be drawn to the program.