The European Bank for Reconstruction and Development mulls allocating a
sovereign loan of up to EUR 200 mn to the Ukrhydroenerho, a
hydroelectric power generating company, for upgrading seven of its
power stations.
The Bank says the project aims at upgrading the hydro-
and electro-mechanical equipment at the seven power plants that account
for a half of hydroenergy capacity in Ukraine. The project is part of a
major rehabilitation program of all Ukrhydroenerhos 4,600MW
generation assets, split in 10 hydro power plants most of which were
commissioned in the 1960-80s. The rehabilitation will result in
improved environmental impact, reliability and operating costs of the
hydro power plants through installation of new equipment. The state
owns 100% of shares in UkrHydroEnerho via the national Energy Company
of Ukraine.
Source:
ProUA
