New thermal electric station to be erected for EUR 1.2bn in Kyiv

New thermal electric station to be erected for EUR 1.2bn in Kyiv

Chinese investor is planing to build the facility

An undisclosed investor from China is looking for ways to build a thermal electric station in Kyiv. according to Volodymyr Prokopiv, administrative secretary of Kyiv city administration. The technical-working project and project capital reconciliation are in a final stage of approvals. The project worth amounts to EUR 1.2bn.    A new technology will enable to burn the city garbage to be used as a fuel. The new power station will contribute to reducing the tariffs for customers and resolve the city waste management issues.  

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