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  • Ukrenergo will attract 136 mln euros for complex reconstruction of 12 substations in four regions of Ukraine

    The Verkhovna Rada has ratified the Guarantee Agreement between Ukraine and the European Investment Bank (EIB). This will allow to attract 136 mln euros of EIB investments for complex reconstruction of 12 substations of NPC Ukrenergo in four regions of Ukraine within “Substations reliability enhancement programme” project.

    In particular, the project envisages the replacement of basic equipment and full automation of the following substations:

    • SS 330 kV Nikopolska, Prometey, Pivdenna, Pershotravneva, Kamianska, Dniprovska, Pavlohradska, and Hirnycha in Dnipropetrovsk region;
    • SS 330 kV Melitopolska and Zaporizka in Zaporizhia region;
    • SS 330 kV Kvartsyt in Kirovohrad region;
    • SS 750 kV Pivdennodonbaska in the south of Donetsk region.

    Complex reconstruction will significantly increase the reliability of power supply to consumers, allow to avoid generation system constraints, and provide an opportunity for economic development of the regions.

    Replacement of the basic equipment of substations will allow to introduce modern systems of protection and emergency automation, as well as the automated control system of technological processes. Thanks to this, the abovementioned substations can be operated remotely from the dispatch control centre.

    Such a complex reconstruction will bring Ukrenergo facilities to a new level of technological management meeting the ENTSO-E requirements for reliability and security of the European transmission network, the synchronization with which is the strategic goal of the company. Attracting loan resources of international financial institutions, in particular the EIB, allows minimizing the impact of such large-scale projects on the company’s tariff for transmission electricity services. Such large loan amounts are provided for a long period (10-15 years) with a much lower interest rate, which the Ukrainian financial market cannot offer.

     “Substations reliability enhancement programme” comprises a part of a comprehensive substations automation programme, which provides for the reconstruction of all substations operated by the company, with the introduction of an automated process control system. The programme is implemented in two stages using international financial institutions funds.

    The first stage envisages the reconstruction of 57 substations by 2025 under 9 investment projects – five projects are currently ongoing.

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