For the first time since the start of construction of mine No. 10 "Novovolynska," financing of all work is being carried out without delays and in full. In three years, the only mine under construction in Ukraine will be commissioned, reported to the Western Information Corporation on July 15 by Ivan Kostyk, general director of the state enterprise "Volynvuhillia." \n \nAccording to him, construction work at the mine is currently proceeding at full capacity — both above ground and underground. Construction is being carried out at the expense of state capital investments; all work is handled by the Ministry of Fuel and Energy. \n \nLast year, construction financing amounted to about 32 million hryvnias; the actually "frozen" construction resumed and began to gain momentum. The program for this year envisages the allocation of 79 million hryvnias for these purposes; 40 million hryvnias have actually been allocated, and 19.2 million hryvnias were received in the first half of the current year. Two general contractors are currently working at the mine, and all work is proceeding according to schedule. \n \nAccording to Ivan Kostyk, there are sufficient grounds to hope that this year the financing of the construction of the only coal-mining enterprise under construction in Ukraine will be carried out in full. Moreover, options are being worked out for allocating an additional 10-20 million hryvnias, which there is a possibility to utilize. \n \nThe construction program for mine No. 10 "Novovolynska" envisages that within three years the construction of the mine will be completed and it will be commissioned. \n\nCurrently, mine No. 10 is not yet part of the structure of SE "Volynvuhillia," however, interest in it here has increased. In the future, this very mine will become the main coal-mining enterprise of SE "Volynvuhillia"; its design capacity is 900 thousand tons of coal per year. The stability of the entire operation of this structure will depend on its functioning in the future. \n
The only mine in Ukraine being built in Novovolynsk will be commissioned in three years
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