KIEV, Oct. 13 – President Viktor Yushchenko has instructed the cabinet to consider privatization of small hydro power plants.

The government was also instructed to draw up and approve a comprehensive program on reconstruction of hydro power plants and construction of new hydro power objects, including small hydro power plants by late 2009, foreseeing measures on the increase of the investment attractiveness of hydro energy.

In addition, the president instructed the government to consider the justifiability of tariffs on election generated by hydro power plants, taking into account the investment compound, and improve a procedure for connection of small hydro power plants to power transmission lines.