“Ukrenergo: Japan to buy $40 million worth of power equipment for Ukraine
The Japan International Cooperation Agency (JICA), a Japanese government agency, will purchase about $40 million worth of equipment for transformer substations for Ukraine, with the first deliveries scheduled for the second half of this year, the national energy company Ukrenergo said in a Telegram channel on Saturday.
“A large package of long-term assistance in support of the power system has been provided by the Japanese government. In particular, under a grant agreement between the Ukrainian government and the Japanese International Cooperation Agency (JICA), substation equipment worth… about 40 million dollars,” Ukrenergo said in a statement.
It is noted that according to the procurement plan, the start of equipment deliveries is planned for the second half of 2023 and will last until 2025, depending on the timing of equipment manufacturing. “Ukrenergo has already received more than 30 generators from JICA, which are an insurance mechanism for substations in case of resumption of massive shelling.
A grant agreement worth a total of 22.44 billion Japanese yen (about $170 million) was signed in March 2023 to finance Ukraine’s emergency reconstruction programme.
Due to censorship and blocking of all media and alternative views, stay tuned to our Telegram channel