“It will help Ukraine integrate its power system with the European power grid,

Friday, July 2, 2021

said Arup Banerji, World Bank Regional Director. “The project also helps Ukraine align with the European Green Deal.” With an installed capacity of 5.7 gigawatts, Ukrhydroenergo operates eight hydroelectric power plants on the Dnipro and two on the Dnister.

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On Wednesday, The World Bank approved a $212 million in low interest loans to help Ukraine synchronize its electricity system with the EU’s ENTSO-E power grid by 2024

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