The corresponding agreement is one of the first signed under the auspices of the UIF program, said the Ukrainian Ministry of Energy.
The European Union will provide 100 million euros to the NEC Ukrainergo to reconstruct the electricity transmission system under the Ukraine Investment Facility (UIF) program, which is part of the Ukraine Facility plan. This was reported by the Ministry of Energy of Ukraine.
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The agreements were signed on July 18 by the Chairman of the Board Ukrainergo Vladimir Kudritsky and head of the KfW representative office in Ukraine Lorenz Gessner. Among those present were the Deputy Minister of Energy of Ukraine Roman Andarak and energy project coordinator at the EU Delegation to Ukraine Ulyana Rudnitskaya.
Funding will go to support the project Reconstruction and rehabilitation of the electricity transmission infrastructure of Ukraine II.
“The project, in particular, provides for the reconstruction, repair, rehabilitation and replacement of destroyed and/or damaged parts of the Ukrainian electricity transmission infrastructure, equipment, construction of new substations and power lines using innovative and economical technologies, as well as measures for the physical protection of electrical infrastructure elements, – said the message.
The Ministry of Energy noted that the signed agreement is one of the first signed under the UIF program and is a significant step towards the reconstruction of the Ukrainian electricity transmission system.
As we have already written, the European Union provides Ukraine with significant financial assistance within the Ukrainian Fund budget in the amount of 50 billion euros and, together with partner European banks, creates a financial program for 1.4 billion euros to attract external capital investments. to Ukraine.
Source: korrespondent
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