KIEV, Oct. 26 – Switzerland's Ukrenergy Holding AG, the managing company of a joint holding of Ukrinterenergo and Switzerland's Korlea Invest Holding AG, has agreed with the Ukrainian cabinet on the location of a land plot of 17.8 hectares to build a first small hydro power plant of the 24 MW cascade on the Teresva River in Zakarpattia region.

The decision is stipulated in cabinet resolution No. 1234 of Oct. 21, 2009 published last week.

"The resolution will allow the company to order a project for the allocated land plot. The documents, after checks at the state committee for land resources, will be submitted to the cabinet to decide on the allocation of the land plot to build the first hydro power plant of the cascade," the head of the public relations department at Korlea Invest Holding, Andriy Komendo, told Interfax-Ukraine.