16 Jun 2022 19:42

European business community provides assistance to 33 Ukrainian power supply companies - Energy Ministry

MOSCOW. June 16 (Interfax) - The European business community is continuing to help Ukraine maintain power supply by having provided essential equipment to 33 Ukrainian companies, Farid Safarov, deputy energy minister for digital development, digital transformation, and digitalization, said on Thursday.

"At the present time, 33 companies received over 300 generators, about 45 kilometers of cables, 560 transmission towers, and 11,000 items of other special equipment provided by European companies. More assistance has been distributed among regional power distribution companies to resume power supplies to consumers," the ministry's press service quoted Safarov as saying at the Power Summit 2022 international conference in Brussels.

According to Ukrainian media, Safarov thanked Ukraine's European partners, particularly the Energy Community, for this assistance, and vowed that the period of Ukraine's reconstruction after the end of the conflict will provide many opportunities to European businesses for investing in the country's power sector.

"I am inviting you to plan what we can do together already now. One of the ideas is, a company may choose a region, a district, or a city to help them rebuild power infrastructure, enhance its quality, and make it more environment-friendly and safe," Safarov said.

As reported earlier, the Energy Community in early April 2022 established the Ukraine Energy Support Fund whose donors should include primarily EU member states, as well as international companies and corporations.