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November 24, 2021

Kaniv PSP, Ukraine

By Carmen

Kaniv PSP is a 1,000MW hydro power project. It is planned on Dnieper river/basin in Ukraine. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2029.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Hydropower 1,000 1,000 Permitting Ukraine Ozaltin Holding; Sinohydro; UkrHydroEnergo Open Joint Stock

Description

The project is being developed by Ozaltin Holding, Sinohydro and UkrHydroEnergo Open Joint Stock. The project is currently owned by UkrHydroEnergo Open Joint Stock.

Kaniv PSP is a pumped storage project. The hydro reservoir capacity is planned to be 17 million cubic meter. The net head of the project will be 108.4m. The project is expected to generate 995 GWh of electricity. The project cost is expected to be around $1,424.99m.

The hydro power project consists of 4 turbines, each with 250MW nameplate capacity.

Development Status

The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2029.

About Ozaltin Holding

Ozaltin Holding AS (Ozaltin) is a diversified company. The company’s business activities include construction, transportation, tourism, agriculture, and energy businesses. Its construction activities comprise constructing of dams, buildings, infrastructure, motorways and railways, and sport complexes. Ozaltin constructs water treatment plants, roads, bridges, tunnels, railways, pipelines, hotels, mass housing, hospitals, and factories. The company’s agriculture businesses cultivate and markets vine ripe, cherry tomatoes, cocktail tomatoes, and sweet and wonder pepper products. It has operations in Turkey, Libya and Belarus. Ozaltin is headquartered in Ankara, Turkey.

About Sinohydro

Sinohydro Corp Ltd (Sinohydro), a subsidiary of Power Construction Corporation of China, is a state-owned engineering and construction company executing large- and medium-scale hydropower projects. Its portfolio of services includes general construction; engineering, procurement and construction (EPC); and investment. The company carries out the construction of water conservancy, hydropower stations, power, transportation, civil work, mining, and real estate projects. The company also offers project financing, design, implementation, and operation of infrastructures such as power, transportation, civil work, mining, and real estate. The company has regional offices in several countries across Asia-Pacific, Africa, America, Eurasia, West Asia, and North Africa. Sinohydro is headquartered in Beijing, China.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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