Ukrenergo calculates sum of money needed to restore Ukrainian energy industry
Ukrenergo (Ukraine’s national energy company) has used over a billion dollars from Western partners to rebuild the country’s energy infrastructure, but it may still need several hundred million to completely finish its works.
Source: Volodymyr Kudrytskyi, Chairman of Ukrenergo’s Management Board; Hromadske Radio
Details: Kudrytskyi said most needs have been financed, but several hundred million dollars may be needed to not only to restore the facilities to their pre-strike form, but also to rebuild them in a more modern format.
Kudrytskyi noted that this amount does not include possible investments that will be needed after the liberation of all Ukrainian territories, including Crimea and Donbas.
Background:
- Ukrenergo substations have been comprehensively protected from missile attacks, by both active protection in the form of air defence systems, and passive protection by engineering fortifications.
- Ukrainian intelligence has obtained information that Russian forces are conducting reconnaissance of Ukrainian energy facilities with the aim of carrying out further strikes.
- As a result of Russian missile strikes last winter, about 63% of the equipment necessary for a stable passage through the autumn-winter heating period was seriously damaged.
Ukrainska Pravda is the place where you will find the most up-to-date information about everything related to the war in Ukraine. Follow us on Twitter, support us, or become our patron!
