Power supply company PJSC Cherkasyoblenergo from the beginning of 2015 through November 1, 2016 increased its debt to Energomarket state enterprise by 6 times (by UAH 706 million), to UAH 845 million, the press service of the National Commission on Energy, Housing and Utilities Services Regulation (NCER) has said.

The debt Cherkasyoblenergo customers for the electricity consumed in the same period increased by 8 times (by UAH 1.331 billion), to UAH 1.521 billion. The largest debtor is PJSC Azot. The company as of October 1, 2016 accumulated debt to Cherkasyoblenergo in the amount of UAH 1.263 billion.

With the planned maintenance and investment programs for 2015-2016 being UAH 235.5 million, Cherkasyoblenergo actually allocated only UAH 35.1 million for these purposes.

The enterprise's problems were discussed at a meeting at the NCER on November 22 with the participation of representatives of the SBU, the NABU, the SPF, the Energy and Coal Industry Ministry, and Energomarket.