Energy Headlines

September 25, 2017

Energy Efficiency Fund budget will be 1.2 billion UAH in 2018

The resource of the Energy Efficiency Fund will amount to 1.2 billion UAH next year according to the Cabinet of Ministers press service.

It is reported that the Energy Efficiency Fund will receive 400 million UAH from the budget. This is stipulated in the draft of the state budget of Ukraine for 2018.

“Another 800 million the Energy Efficiency Fund will be able to attract from international investors next year” - according to the report. 400 million UAH from the Energy Efficiency Fund will be spent on "warm" credits.

The Cabinet of Ministers registered the draft budget on the 15th of September.

To recall, In July, President Petro Poroshenko signed the law "On the Energy Efficiency Fund".


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