
Modernisation of CHP plant in Kryvyi Rih, Ukraine
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Introduction
The energy sector in Ukraine has been severely affected by the ongoing war and increased energy security is a top priority for Ukraine.
Swedfund has received a request for support to modernise an existing Combined Heat and Power plant (CHP) with the aim of achieving efficient energy production and enabling a transition to non-fossil fuels.
: March 17, 2025: April 1, 2025
Facts
SDG in Focus

No Poverty
End poverty in all its forms everywhere.

Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

Climate Action
Take urgent action to combat climate change and its impacts.
Value creation
Expected Impact
Contribute to the energy security of the strategically important city of Kryvyi Rih and Ukraine’s National Greenhouse Gas Emission Reduction Plan (NGREP).