KANIV PUMPED STORAGE PLANT PROJECT
Publisher: CEE Bankwatch Network
Volume: 2 pages, pdf
Description:
The Kaniv Pumped Storage Plant (PSP) construction project was developed in 1985 in compliance with the “Plan of the placement of HPPs and PSPs on the territory of the European part of the USSR till 1990”. The expediency of constructing PSPs in the central part of the United Energy System of the USSR was substantiated by the authors of the project. The construction works started in 1984 and were suspended in 1992 because of the economic crisis. The moratorium on the construction of the Kaniv PSP was cancelled in 1999. The project provides for the construction of four power units with a total capacity of 1000 megawatts. The planned construction period for the Kaniv PSP is nine years. Officials do not reveal concrete figures regarding the cost of the Kaniv PSP construction project.