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Germany to provide EUR 32.5-mln to repair power equipment in Ukraine
Journal Staff Report

KYIV, Dec 16 – The German government, through the KfW, will provide NPC Ukrenergo with EUR 32.5 million to rehabilitate eight high-voltage substations in southern and western Ukraine, the company has said.

According to a post on Facebook on Friday, the relevant agreements with KfW were signed by the Minister of Finance of Ukraine Serhiy Marchenko and Chairman of the Board of Ukrenergo Volodymyr Kudrytsky. This is the third Ukrenergo's project with the German state bank KfW, through which its government provides financial support to Ukrenergo.




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