OREANDA-NEWS. March 19, 2009. At the meeting of the Management Board of Dneproenergo OJSC on 24.02.2009, the changes have been introduced into the Equipment, Buildings and Facilities Repair Programme 2009 of Dneproenergo. As a result, the repair costs have been reduced by UAH52.525 m (to UAH279.000 m).

Besides, the changes to the Plan of Capital Investments 2009 of Dneproenergo have been considered. The volume of costs has been reduced to UAH360.445 m.

According to the Deputy Chairman of the Management Board of Dneproenergo, the Economy and Finance Director, Sergey Bedin, the Finance Plan 2009 of Dneproenergo will be adjusted taking into consideration the above changes.

The Equipment, Buildings and Facilities Repair Programme 2009 of Dneproenergo was approved by the Supervisory Board of Dneproenergo on 25.12.2008 in the amount of UAH331.525 m, where UAH324.686 m to be spent on TPPs and UAH6.839 m to be spent on SP. At the same time the Plan of Capital Investments 2009 of Dneproenergo with costs amount UAH482.196 m.

The Supervisory Board of Dneproenergo on 25.12.2008 decided to instruct the Management Board to monitor quarterly the performance of the company’s activity and development in 2009 in order to develop and introduce in due time the additional anti-crisis measures taking into consideration the company’s financial possibilities.

All decisions taken will be effective after the corresponding approval by the Supervisory Board of Dneproenergo.