Technical Assistance for Ukrenergo High Voltage Transmission Networks

The full corporatisation of the National Energy Company Ukrenergo is one of the key project/loan covenants of EBRD/EIB parallel loans for the Rivne-Kyiv High Voltage Line Construction Project, an action that will substantially improve the efficiency, quality and reliability of electricity generation and transmission in Western and Central Ukraine. Technical assistance from the NIF was requested to assist the government of Ukraine and Ukrenergo to legally and commercially corporatise the national transmission system operator, introduce modern management information systems and help the new entity address and implement a corporate sustainable development strategy. The project's recommendations help the Ukrainian authorities to implement the actions necessary for the full corporatisation of Ukrenergo.