Industry: Energy and Chemical Industry: Ukraine Transaction Price: $ 1.523 billion Transaction Mode: Equity Financing
Project introduction
Project Name: Kaniv PSPP Project Construction.
Coordinator: Ukrainian Ministry of Energy.
Address: Cherkasy region, Buchak vllage.
Technical indicators:
● Capacity-1000 MW.
● hydroelectric generating set -4x 250 MW.
● Annual power generation-1.038 billion kilowatts per hour.
● Construction period -6.5 years.
Estimated total investment: USD 1.523 billion.
Financial details:
● Development Plan (DPP): 18 years.
● net present value (NPV): USD 491.8 million.
● Internal rate of return (IRR): 9.52%.
● Weighted average cost of capital (WACC): 5.41%.
Project phase/project status:
The first IP stage (basic design) in the three-stage design has been completed. This project has been approved by CMU DecreeNo. 1050-p on December 11, 2013.
Construction and installation permits have been obtained. The RD (detailed design) of the third stage (detailed three-stage design) is in progress. Detailed design documents are being prepared.
Social and economic effects/project advantages.
● Improve the country's energy independence.
● Improve the safety and flexibility of Ukraine's power system, and increase the hydropower generation by 10% in Ukraine (1.3 billion kilowatts per hour per year).
● Develop the infrastructure in Celka and create new employment opportunities for local people.
Low environmental neutrality, with little impact on the environment.
● It will help Ukrainian power company meet the requirements of frequency and active power control, so as to integrate into ENTSO-E, and create appropriate conditions for making full use of Ukraine's renewable energy potential.
Cooperation intention
The project is now seeking investment.