KIEV, Feb. 29 – DTEK, Ukraine's largest private vertically integrated energy holding plans to conduct an initial public offering for Kyivenergo, head Ivan Plachkov of DTEK's supervisory board told journalists in Kiev.

"This is a long process that could take up to four years," he said.

DTEK owns 71.82% of Kyivenergo's shares. Energy Company of Ukraine owns 25% plus one share.

Kyivenergo operates all power facilities located in Ukraine's capital, excluding the Darnytsia Combined Heat and Power Plant.