The government is allocating an additional UAH 2.5 billion for Kharkiv and Kharkiv Region to restore the power system.
This was announced by Prime Minister Denys Shmyhal at a meeting of the Cabinet of Ministers.
"The Government's key priority remains the restoration of the power system, its resilience and preparation for winter. We pay special attention to Kharkiv Region and Kharkiv. The city budget provides UAH 2 billion to prepare for the heating season. Today, the government is allocating an additional UAH 2.5 billion for Kharkiv and Kharkiv Region," he said.
Shmyhal noted that these funds will be used to restore the energy system of the region and the city, to install cogeneration units, modular boilers and gas generators.
"These are funds to ensure that Kharkiv residents have electricity and heat in winter. At the central level, we continue to take active measures to decentralise the energy system. This plan is based on two principles. The first is the availability of energy equipment for individuals, condominiums, communities and businesses. The second is to simplify the connection and operation of this energy equipment," the Prime Minister said.
Shmyhal also said that the National Bank, together with the government, has taken several important steps to increase the ability of banks to lend to energy recovery and decentralisation projects. The new regulations will increase the availability of loans for energy equipment for Ukrainian families, as well as for small and medium-sized businesses. For example, the interest rate is 13.5% and the collateral is only the equipment to be purchased.
"We are giving people and businesses the opportunity to install solar panels, energy storage and cogeneration units. In this way, they will provide themselves with electricity and help our country survive the battle for light and heat. All these steps and programmes of the Government to rebuild the energy sector are supported by our international partners," the Prime Minister added.