State enterprise Energoatom intends to raise a multicurrency renewable credit line equivalent to UAH 500 million from state-controlled Oschadbank.

Following an announcement by the company in the Public Procurement bulletin, the date of acceptance is October 15, 2015 and the deadline for signing a loan agreement is November 10.

The cost of servicing the credit line will be UAH 214.918 million (excluding VAT) and the funds are to be attracted for one year.

As reported, Energoatom in 2014 increased electricity production by 6.2% (by 5.156 billion kilowatt-hours), to 88.573 billion kWh, and sales by 6.4% (by 4.981 billion kWh), to 83.223 billion kWh.