Business news from Ukraine

Business news from Ukraine

DTEK Kyiv Grids invested UAH 1 bln in grid modernization

Over the past year, DTEK Kyiv Grids has repaired and reconstructed 797 power facilities and 62 km of power lines and carried out 5,000 repairs of cable lines, investing almost UAH 1 billion in these projects.

“This helped to increase the resilience of the capital’s power grids to the challenges of enemy attacks and lay the foundation for a successful heating season,” the company said on its website on Wednesday.

According to the company, to prevent possible accidents, DTEK Kyiv Electricity Networks specialists carried out routine and emergency measures, in particular, repaired more than 46 km of power lines and 731 power facilities, and cleared more than 158 km of routes under power lines to prevent wire breakage due to bad weather.

Implementing its own investment program, which involves the overhaul of existing facilities or the construction of new ones, DTEK Kyiv Grids reconstructed one high-voltage substation, eight distribution points, 44 transformer points and 15 kilometers of cable networks in 2024. In addition, the company upgraded 13 high-voltage substations.

Thus, the quality and reliability of electricity supply was improved for 70 thousand families in the capital.

“Despite the challenges of wartime, we keep our existing electrical equipment in good working order and maintain it on time. We are also gradually implementing a program of technical re-equipment and modernization. In particular, in 2024, we allocated almost UAH 1 billion for such projects,” said Denys Bondar, CEO of DTEK Kyiv Grids.

In 2024, the company’s specialists also installed almost 39 thousand smart meters in the homes of Kyiv residents.

As reported earlier, in 2024, DTEK Grids’ distribution system operators repaired and reconstructed 14.1 thousand kilometers of power lines and more than 6 thousand power facilities, which is 80% more than in 2023.

“DTEK Grids is developing the electricity distribution and power grid operation business in Kyiv, Kyiv, Dnipro, Donetsk and Odesa regions. The company’s DSOs serve 5.5 million households and 158,000 enterprises.

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