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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Ukraine : € 200,000,000
Energy : € 200,000,000
Signature date(s)
21/09/2012 : € 200,000,000
Link to source

Summary sheet

Release date
4 May 2010
Status
Reference
Signed | 21/09/2012
20090485
Project name
Promoter - financial intermediary
HYDRO POWER PLANTS REHABILITATION
Ukrhydroenergo
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 467 million
Location
Sector(s)
Description
Objectives

The multi-component project will refurbish and upgrade 21 conventional and pumped storage hydro power plant units at six power stations along River Dnieper in central Ukraine and is part of larger, long-term programme of the promoter, aimed at refurbishing all 100 units of their nine hydro power plants. The project is co-financed with World Bank and EBRD.

The programme will refurbish and upgrade 21 hydro power plant units situated in central Ukraine on the Dnieper River to extend the economical lifetime of these renewable energy assets.

Environmental aspects
Procurement

The environmental impacts of the project are evaluated acceptable, as the proposed Environmental and Social Management and Mitigation Plan (ESMMP) is implemented.

The Bank will require that the procurement is carried out in accordance of the EIB’s Guide to Procurement.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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