Under the scope of the project, the finance will cover the modernization of 28 power units at 6 HPPs on the Dnieper River.

In addition, hydraulic turbines, generators, and dam safety and auxiliary equipment will be supplied and installed at the Kremenchug, Dnieprodzerzinsk, Dnieprovska and Kaniv HPPs, as well as at the Kiev pump storage plant.

The new equipment will optimize the use of water resources and improve the safety of the power plants and dams.