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2012-10-17 00:00:00
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The European Investment Bank (EIB) has lent UkrHydroEnergo €200m to support the refurbishment and upgrading of 22 conventional and pumped storage hydropower plant units at six power stations along the Dnieper River in central Ukraine.
The total final installed capacity of this project will be 980 MW. Once completed, it will extend the economic lifetime of these renewable energy facilities and increase the available electrical capacity by 10%. In addition, the project will improve the operational performance of the Ukrainian power system and assist in its synchronisation in the medium term with the European electricity transmission system. This project will be co-financed by the European Bank for Reconstruction and Development (EBRD). Technical assistance to support project implementation is funded through the Neighbourhood Investment Facility.
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