Ukrhydroenergo has forged a Memorandum of Collaboration with GE Vernova’s Hydro Power business, marking a significant step towards the restoration and rejuvenation of Ukraine’s hydropower infrastructure. The agreement places particular emphasis on the critical Kakhovka hydropower plant.
The signing ceremony for this memorandum witnessed the participation of prominent representatives from both entities. Mr. Ihor Syrota, Director General of Ukrhydroenergo, expressed his heartfelt gratitude to his colleagues for their steadfast support during challenging times. He conveyed optimism about the prospects of a close and productive partnership.
Addressing the audience, Mr. Syrota acknowledged GE Vernova’s global reputation and the advanced technology demonstrated at their production facilities. He lamented the damage inflicted on Ukraine’s electrical equipment due to missile strikes and extended an invitation to GE Vernova to collaborate in the restoration of the Kakhovka Hydro Power Plant and other facilities affected by Russian missile attacks. Mr. Syrota further revealed plans to establish a clear implementation roadmap for these restoration efforts by year-end.
In response, GE Vernova’s Hydro Power CEO, Frederic Ribieras, underscored the company’s unwavering commitment to actively participate in the reconstruction of Ukraine’s hydropower sector. Mr. Ribieras emphasized the critical role these facilities play in providing clean and reliable electricity to power Ukrainian homes, schools, hospitals, and businesses.
This collaborative endeavor builds upon Ukrhydroenergo’s earlier Memorandum of Cooperation, signed in August, with the Turkish holding company Dogus Group. This prior agreement outlined a shared commitment to the construction of hydro power plants in Ukraine, reflecting the nation’s determination to bolster its energy infrastructure.
