Business news from Ukraine


7 December , 2020  

Lvivvodokanal has signed an agreement with the Slovenian-Norwegian consortium Riko-Cambi on the construction of a biogas station with combined heat and power production for EUR 31.5 million.
“Based on the results of the international selection procedure for the implementation of the project for biogas production from municipal sewage sludge, the Slovenian-Norwegian consortium Riko-Cambi was appointed as the contractor. The contract will last until June 2023,” the press service of Lviv City Council said.
According to the work schedule, design and estimate documentation will be developed by September-2021, construction, installation and commissioning by June 2022, the commissioning of the facility by June 2023.
The station will generate electricity in the amount of about 20,000 MW/year and heat.
“It will improve quality of life for many, cutting CO2 emissions by 120,000 tonnes/year. A good example of EU Green Deal at work!” Matti Maasikas, the Head of the EU Delegation to Ukraine, said on Facebook.
The project is financed by a loan of the European Bank for Reconstruction and Development (EBRD) in the amount of EUR 15 million and the Nordic Environment Finance Corporation (NEFCO) in the amount of EUR 5 million, a grant from the Eastern Europe Energy Efficiency and Environment Partnership(E5P, EUR 7.5 million) and Lviv City Council (EUR 4 million).

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