GE Vernova MoC for Ukraine hydro

26 September 2023

GE Vernova has signed a Memorandum of Collaboration between its Hydro Power business and Ukrhydroenergo, Ukraine’s largest operator of hydropower plants. As part of the two-year agreement, both companies will seek to identify opportunities to build and restore Ukraine’s hydropower facilities. In particular, the MoC identifies a new pumped storage plant, Kaniv (1 GW), the supply of 3 units of 324 MW for the Dniester power plant, and the reconstruction of Kakhovka power plant (335 MW, pictured), which has been damaged during the war. This MoC provides a framework for potential contractual agreements in the future.

GE Vernova is reaffirming its commitment to Ukraine and is accelerating efforts to assist in maintaining and rebuilding Ukraine’s electric grid.

“We are pleased to see GE as our partner for the restoration of the Kakhovka Hydro Power Plant and other facilities that were damaged. We expect a dynamic level of co-operation, leading to a clear plan for the implementation of works by the end of the year,” commented Mr Ihor Syrota, the director general of Ukrhydroenergo.

Linkedin Linkedin   
Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.