October 22, 2025
NADPU called on the government to restructure the debts of "Ukrenergo" and not to increase the tariff for the transmission of electricity for businesses thumbnail
Policy

NADPU called on the government to restructure the debts of “Ukrenergo” and not to increase the tariff for the transmission of electricity for businesses

photo UNIAN The planned increase in the tariff of NEC “Ukrenergo” for the transmission and dispatching of electricity may be another blow to the industry, which is already in a state of stagnation. This was stated by…”, — write: www.unian.ua

FUNIANphoto by UNIANThe planned increase in the tariff of NEC “Ukrenergo” for the transmission and dispatch of electricity may be another blow to the industry, which is already in a state of stagnation. This was stated by the executive director of the National Association of the Extractive Industry of Ukraine (NADPU), Ksenia Orynchak, commenting on the published project of the company’s tariffs.

According to her, in countries that are experiencing war or crisis periods, the state, on the contrary, supports business, helping it to preserve jobs and export potential. In Ukraine, companies are faced with the opposite: a constant increase in tariffs and the tax burden.

“We see a chain reaction, from the increase in land tax rates to the increase in tariffs of Ukrzaliznytsia, and now Ukrenergo. This leads to an increase in the price of all production processes, a reduction in jobs and the risk of losing strategic industries, in particular the mining and metallurgical complex,” she emphasized.

According to Orinchak, the export of metallurgical products has already fallen by 70%, the production of steel has decreased by 30%, and iron ore raw materials – by almost 50%. At the same time, the extractive industry ceased to be one of the main fillers of the state budget for the first time during the years of independence.

The structure of the tariff of NEC Ukrenergo is a source of separate criticism at NADPU: Orynchak noted that the enterprise’s labor and social expenses fund increased by more than 20%, despite the previous increase in August, and the item “other operating expenses” increased by almost UAH 2 billion (plus 41%). Plus, another 5 billion hryvnias have been set aside to adjust the costs of previous years. In addition, the new tariff includes UAH 4 billion for repayment of the company’s debts in 2025.

“All this looks economically unjustified during the war. Such approaches impair the competitiveness of Ukrainian manufacturers, disrupt contracts and endanger entire production chains,” Orynchak noted.

She called on the state and the regulator to postpone the tariff increase until the end of the war or at least to restructure the debt obligations of “Ukrenergo” in order to avoid a sharp financial blow to the enterprises:

“At least for the period of martial law, it would be possible to limit the payment of interest without repaying the principal sum of loans,” Orynchak is sure.

She emphasized that without the support of business it is impossible to talk about a strong state: it is business that creates jobs, fills the budget and finances education and the social sphere. “A state without business is an amorphous concept. If we destroy production, there will be no state itself, which we are trying to rebuild,” she concluded.

As you know, NEC Ukrenergo has published updated draft tariffs for 2026. They predict that the transmission tariff should increase to UAH 848.52/MWh (+24%), and the dispatching tariff should rise to UAH 143.26/MWh (+45%). In turn, the Ukrainian National Committee of the International Chamber of Commerce (ICC Ukraine) urged to refrain from the increase and conduct an international audit of Ukrenergo, because the calculations it provided contain contradictions.

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