The grant agreement was signed between the government of Ukraine and the Japan International Cooperation Agency (JICA) under the Emergency Recovery Program.
Japanese authorities will transfer equipment for substations to Ukraine for a total of 5.135 billion Japanese yen (about $40 million). This was reported by Ukrenergo on Saturday, May 13.
It is known that the corresponding grant agreement was signed between the government of Ukraine and the Japan International Cooperation Agency (JICA) under the Emergency Recovery Program.
According to the procurement plan, the start of equipment deliveries is planned for the second half of 2023 and will last until 2025, depending on the time of production of the equipment.
It is also reported that this is the second stage in Japan’s aid to the Ukrainian energy sector. In the first phase, Ukrenergo received more than 30 generators from JICA, which is a safety mechanism for substations in case of massive shelling.
The grant agreement itself for a total amount of 22.44 billion Japanese yen (about $170 million) was signed by the government of Ukraine and JICA in March 2023 to finance the Emergency Recovery Program for Ukraine. These funds are used to purchase energy equipment, as well as to support the water supply and sanitation sector.
It will be recalled that in April, Japan announced a contribution of $471 million to the Trust Fund for Support, Reconstruction, Reconstruction and Reformation of Ukraine (URTF). The funds are part of a $5.5 billion pledge made by Japan in February.
Source: korrespondent
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