KIEV, Dec. 25 – The loan of EUR 200 million from the European Bank for Reconstruction and Development to Ukraine to rehabilitate hydro power plants approved in 2012 will be re-registered to the government-secured loan issued to Ukrhydroenergo with the reduction of the sum to EUR 180 million and extension of the termination of the credit limit from 2018 to 2021.
A total of 285 MPs supported bill No. 3564.
According to an explanatory note to the document, EBRD proposed that sovereign loan of the state is replaced by the sum of the unused part of the loan. The term of paying back the funds is extended until 2031, and a grace period of five years is granted.