- Preparation
- General Description
- Strategic Justification
- Economic Justification
- Financial Justification
- Management Justification
General information
Description of the project
The "Rehabilitation of Hydropower Plants" project of PJSC "Ukrhydroenergo" involves reconstruction work at six hydroelectric power plants on the Dnieper River in Ukraine. These works include the reconstruction of turbines, generators, and the replacement of electromechanical and hydromechanical equipment, which will allow extending the service life of the hydropower units by at least 40 years, increasing their capacity, and improving efficiency.
The purpose of the project
Main goal:
Increasing compliance with modern standards
Secondary goal:
Capacity building
Description of the purpose of the project and ways to achieve it
Extending the service life of 22 hydropower units, increasing the capacity of the units and improving their efficiency, which should ensure a reduction in the negative impacts of hydropower units on the environment. The project will improve the efficiency of dynamic management of the Ukrainian power system.
Problems and solutions resulting from project implementation
Bringing the existing operating modes of hydroelectric power plants and hydroelectric power plants of PrJSC "Ukrhydroenergo" up to European standards, in particular, extending the service life of hydroelectric power plants, improving operational stability and reliability of electricity supply, increasing the regulatory capacities of the Unified Power System, increasing the efficiency and level of safe operation of hydroelectric power plants and hydroelectric power plants, ensuring the security of electricity supply to consumers.
Socio-economic context
Indicator
Value
Capital expenditure per year
951783 thous. UAH
Strategic Case
Strategic feasibility of the project
Sector
Energy Sector
Subsector
Electric power industry
Stream
Modernization/renovation of installed generating capacities
Strategic document
Energy Strategy of Ukraine until 2050
Task
null Implementation of measures to repair and modernize energy infrastructure
Project objectives
Indicator
Base value
Target value
Economic justification
Alternative technical solutions
Technical Solution 1
Rehabilitation of hydroelectric power plants
Technical Solution 2
Rehabilitation of hydroelectric power plants
Total costs19'986'753'900 UAH20'003'560'000 UAH
Average annual costs16'500'000 UAH16'500'000 UAH
Project duration, incl.72 months72 months
Service life480 months360 months
Target indicatorsDefined Defined
Components of a technical solution
Financial justification
Total project budget
Total preliminary budget19'986'753'900 UAH20'003'560'000 UAH
Capital costs19'986'753'900 UAH20'003'560'000 UAH
Operational costs0 UAH0 UAH
Preliminary cost breakdown
Operating costs for implementation0 UAH0 UAH
For preparation48'193'900 UAH65'000'000 UAH
For implementation19'277'560'000 UAH19'277'560'000 UAH
For operation660'000'000 UAH660'000'000 UAH
For closing1'000'000 UAH1'000'000 UAH
Average project cost per service recipient
Service UnitТарифи на потужність - 865,3 тис. грн. / МВт на рік і електроенергію - 17,14 коп / кВт • г
Service Unit Cost17 UAH
Profitability of the project
Is the project expected to generate income?
ResponseNoNo
Project Financing Mechanisms
Are funding sources and mechanisms identified?
Source and MechanismYesNo
Funding Sources
Approved Funds9'313'598'198 UAH0 UAH
Expected Funds9'313'598'198 UAH0 UAH
Management Rationale
Risk assessment
Other riskDefinedUndefined
Organizational events
ResponseDefinedUndefined
Results of the feasibility analysis
Economic Analysis
Social benefits and costs
The implementation of the project will ensure uninterrupted energy supply for the population
Environmental benefits and costs
The implementation of the project will ensure the reconstruction of hydroelectric power plant equipment in order to increase the share of renewable energy sources.
Indirect benefits and costs
Strengthening financial sustainability and modernizing equipment increases the country's energy security, which, in turn, makes it possible to reduce dependence on external energy markets and ensure a rapid transition to renewable sources.