Republika Srpska: TPP Ugljevik negative result due to the extension of unplanned outage

, SEE Energy News

The negative operating result of the company “Mine and Thermal Power Plant Ugljevik” in the period from January to September, in the first place is consequence of the unrealized plan of electricity generation due to unplanned extension of the regular outage caused by a malfunction in the generator.

It was said in the company that the repair was unplanned extended for 71 days, and that at the height of the negative operating results also affected the additional costs of unplanned costs of the turbo generator repair, an increase in legal obligations under the Law on Fees for the use of non-renewable resources and the Law on the solidarity fund.

At the height of the negative result influenced, as they say, also the method of calculation the electricity income.

The drafting of the rebalance of the company business plan for 2014th and the company management take all measures and activities aimed at achieving the best possible business results.

The financial statements of the company for the period from January to September 2014th were published on the Banja Luka Stock Exchange.