According to EBRD website, the project will enable Ukrenergo to upgrade its key transmission infrastructure, required for synchronisation with the European Network of Transmission System Operators for Electricity (ENTSO-E) and an integral part of Ukraine's ongoing alignment programme with the EU 3rd Energy Package, while contributing to the improvement of overall energy efficiency in the country.
National Energy Company Ukrenergo is a natural monopoly company and the sole electricity transmission grid operator of Ukraine, 100 per cent state-owned with the Ministry of Finance acting as nominated owner.
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at email@example.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.