According to EIB website, the project will refurbish the existing electrical substations in Ukraine in order to increase energy efficiency, through shifting the substations in remote control mode and replacing energy-intensive equipment. The main purpose of the project is to increase the reliability of electricity transmission, improve the efficiency of the operation of the transmission network and reduce the operational and maintenance costs of the substations of the Transmission System Operator. All this will help improve electricity supply for consumers. Additionally, the automatisation of control processes at the substations will facilitate the parallel and synchronous operation of Ukraine's electricity system with the European Network of Transmission System Operators (ENTSO-E).
Environmental and Social due diligence, in form and substance satisfactory to the Bank, will have to be carried out in parallel with the feasibility studies.
No contact information provided at the time of disclosure.
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