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    HomeWar in UkraineUkraine receives 86 million euros from European Funding Financial institution to guard power infrastructure from drone assaults

    Ukraine receives 86 million euros from European Funding Financial institution to guard power infrastructure from drone assaults

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    Ukraine receives 86 million euros from European Investment Bank to protect energy infrastructure from drone attacks

    The European Funding Financial institution (EIB) has supplied Ukraine's state grid operator, Ukrenergo, with 86 million euros ($89.5 million) to guard the nation's power infrastructure from drone strikes, the EIB introduced on Dec. 23.

    The funding comes as Russia continues to focus on Ukrainian power infrastructure, testing Ukrainians' resolve as they endure one other harsh winter. Earlier this month, Russia carried out one among its largest assaults on Ukraine's electrical grid, with 90 missiles and 200 drones once more focused Ukraine's thermal energy crops.

    Anti-drone shelters shall be constructed with the funding to guard electrical energy transmission gear and make Ukraine's power grid extra dependable and resilient, the EIB stated.

    "This €86 million funding is a vital step in fortifying Ukraine’s power infrastructure in opposition to ongoing navy aggression. By supporting Ukrenergo in developing protecting anti-drone shelters, we goal to make sure the uninterrupted supply of electrical energy throughout the nation," EIB Vice-President Teresa Czerwinska stated in a press release.

    The funding marks the primary measures within the EIB's Ukraine Power Rescue Plan after being adopted in October, which is slated to as much as 600 million euros ($624 million) in financing for emergency power tasks throughout private and non-private sectors.

    "The enemy has already launched over 1,000 missiles and every day directs lots of of drones at our energy crops, substations, and energy transmission traces," Power Minister Herman Halushchenko stated in a press release. "Due to worldwide help, significantly funding from the European Funding Financial institution and the European Fee, we’re strengthening our capability to counter these challenges."

    Amid Russian strikes on Ukrainian power infrastructure, power operators in Ukraine are pressured to impose scheduled or emergency blackouts. Blackouts disrupt every day life and important companies.

    Final March, Russia destroyed 80% of the thermal producing capability of Ukraine's largest personal power firm DTEK, amid the third consecutive winter of power assaults.

    Ukraine war latest: Over 3,000 North Korean troops killed, wounded in Kursk Oblast, Zelensky saysKey developments on Dec. 23: * Over 3,000 North Korean troops killed, wounded in Kursk Oblast, Zelensky says * Satellite imagery suggests North Korea to supply more arms to Russia, WSJ reports * ‘Mysterious’ fire engulfs Russian Shahed warehouse, Ukrainian intelligence claims * First Ukrainian…Ukraine receives 86 million euros from European Investment Bank to protect energy infrastructure from drone attacksThe Kyiv IndependentTim ZadorozhnyyUkraine receives 86 million euros from European Investment Bank to protect energy infrastructure from drone attacks

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