The state enterprise "Ukrhydroenergo" signed an agreement on November 6 with LLC "MVP Energosolutions" for the amount of 512.22 million hryvnias to complete the construction of the transformer protective structure at the Kaniv Hydro Power Plant. The contract stipulates that the work must be completed by the end of 2026.

This project continues the cooperation between "Ukrhydroenergo" and "MVP Energosolutions," which had already performed work on a similar facility last year for the amount of 571.23 million hryvnias.

It is important to note that the details of this contract and all related documents will be available to the public only 90 days after the end of martial law in Ukraine.

The collaboration with "MVP Energosolutions" aims to strengthen the infrastructure of the Kaniv Hydro Power Plant, which is an important strategic facility in Ukraine's energy system. Experts believe that such investments will help improve the reliability of energy supply in the region.

The implementation of this project is also expected to positively impact Ukraine's energy security and contribute to increasing investor confidence.