Consultancy services invited for hydropower restoration in Ukraine

The €289 million project is to be co-financed by a €200 million sovereign-guaranteed loan from the European Bank for Reconstruction and Development (EBRD), backed by a concessional parallel loan of €100 million from Italy.

Up to €150 million is to be allocated for the supply of critical equipment for the Dnipro and Seredniodniprovska hydropower plants, including the replacement of four units at the Dnipro plant, which were worn out due to extensive exploitation since 2003 and damage caused by Russian missile attacks.

The total production capacity of the respective equipment is expected to increase by 16 per cent. The project will also enable UHE to replace old gantry cranes at the Seredniodniprovska plant.