• Українською
  • Government earmarks an additional UAH 2.5 billion for Kharkiv and Kharkiv region to restore power system
    Communications Department of the Secretariat of the CMU, posted 13 June 2024 13:45

    The Government's key priority remains the restoration of the power system, its resilience and preparation for winter. The Prime Minister Denys Shmyhal emphasised this during a Government meeting on 13 June.

    A special attention is paid to Kharkiv region and Kharkiv city. In particular, the Government earmarks an additional UAH 2.5 billion for Kharkiv and Kharkiv region.

    “These funds will be used to restore the region's and the city's power system, install cogeneration units, modular boilers and gas generators. In other words, these are funds to ensure that Kharkiv residents have electricity and heating in winter,” Denys Shmyhal noted.

    According to him, the city budget envisages UAH 2 billion to prepare for the heating season.

    Meanwhile, at the central level, the Government continues to take active steps to decentralise the energy system. According to the Prime Minister, this plan is based on two principles:

    - availability of energy equipment for individuals, condominiums, communities and businesses.

    - simplifying the connection and operation of this energy equipment.

    Hence, this week, the NBU, in cooperation with the Government, has taken several important steps to increase the ability of banks to lend to energy recovery and decentralisation projects.

    “The new regulations will make loans for energy equipment more affordable for Ukrainian families and small and medium-sized businesses. For example, the interest rate is 13.5%, and the collateral is only the equipment to be purchased,” Denys Shmyhal explained.

    All these provide an opportunity for people and businesses to install solar panels, energy storage and cogeneration units. According to the Prime Minister, in this way, they will generate electricity for themselves and help our country survive the battle for light and heat.

    Government earmarks an additional UAH 2.5 billion for Kharkiv and Kharkiv region to restore power system