Kyiv City Council has decided to terminate the contract between Kyiv City Administration and energy supply company Kyivenergo on the implementation of the energy complex management and reformation project for Kyiv signed on September 27, 2001, preliminarily extending it for four month – until the end of the coming heating season – April 26, 2018.

"We are finally to start the implementation of the shaped plan to finalize the deal with Kyivenergo and return the property to the city community. More delays in making this decision are not to the good of Kyiv city and Kyiv community – then we would have additional technical and financial risks," Deputy Head of Kyiv City Administration Petro Panteleyev said.

He said that the decision foresees stocktaking of assets with their return to the community.

"This is not a simple return of the property to the community, but the return in the proper state. These are two large combined heat and power plants, over 3,000 heat supply substations, 2,600 km of networks, 200 boilers and Energiya incineration plant," Panteleyev said.

He said that the complex consists of 90,000 facilities that have various functions and technical state.

The decision was backed by 62 lawmakers with the required minimum of 61 supporting votes. The decision also instructs Kyiv City Administration to select a municipal enterprise and place the property that would be transferred from Kyivenergo to its management.