European Commission and US allocate almost 107 million euros to DTEK for energy infrastructure restoration
The US government and the European Commission are allocating 106.6 million euros to the Ukrainian energy holding DTEK for equipment and construction materials needed to restore damaged energy infrastructure. This was reported by the DTEK press service.
DTEK Group will receive 62.8 million euros from the European Commission and 46.1 million dollars from the US government to restore capacities destroyed as a result of Russian attacks and to prepare power plants for winter.
As DTEK notes, the European Commission is allocating 62.8 million euros for equipment and materials to restore 1.8 GW of capacity and to protect power plant equipment from snow, rain and sub-zero temperatures. This will ensure stable and reliable energy supply for more than 2 million Ukrainians.
The U.S. government is providing $46.1 million to purchase control systems and dozens of new transformers, critical to ensuring power supply to millions of people. Through the U.S. Agency for International Development (USAID), the U.S. has already provided DTEK with critical equipment for grid repair crews, including aerial platforms, pickup trucks, transformers, and electrical cable.
“The United States is proud to support Ukraine’s energy resilience with this critical assistance package. By providing $46.1 million for control systems and new transformers, we are helping to restore and strengthen Ukraine’s energy infrastructure to protect against unprovoked Russian attacks,” said Ambassador Jeffrey Pyatt, U.S. Assistant Secretary of State for Energy Resources.
Maksym Timchenko, CEO of DTEK, said: “We are deeply grateful for the continued support of the United States, the European Commission, and the leadership of the Department of Energy in providing this critical assistance. No country in the world has ever faced such attacks on its energy system, but with the help of our partners, we continue to firmly resist Russia’s energy terror. This support is a recognition of DTEK’s systemically important role in providing Ukraine with electricity and our operational efforts to restore thousands of megawatts of capacity.”
As reported in ExPro, on November 17, Russia carried out another massive attack on Ukraine’s energy infrastructure. As a result, several DTEK Energy thermal power plants were damaged.
