The World Bank and Germany will help in the transformation of Ukrainian coal industry

Prime Minister of Ukraine Denys Shmyhal said that for the implementation of the project for the fair transformation of coal regions, the World Bank and Germany would provide Ukraine with expert and financial assistance. It is reported by Interfax-Ukraine.

“There are agreements with the World Bank regarding the promotion of the project ... Today there was a virtual meeting with Mrs. Merkel. She promised that Germany was ready to join in and help us, for example, with a pilot project ... We will implement these projects with the support of experienced international experts who have already passed this way,” said Mr. Shmyhal at a meeting of the Verkhovna Rada Committee on Energy, Housing and Utilities Services in the evening.

According to him, we are talking about the development of mines, the maintenance of social infrastructure, the right approach to the conservation of mines that have completely exhausted their resources.

“This project is crucial for Ukraine, part of the state mines are already approaching the end of their operational life. We need to take care where the children of miners will work and how the social sphere will work,” the Prime Minister emphasized.

Tags: The Cabinet of Ministers, contracts, hydrocarbon production, coal mining, legislation, electricity, NEURC, The Minystry of Energy and Coal Mining, coal, TPP, RF, foreign affairs, coal imports, coal exports, coal mining, CHP, investments, investors, Ukraine, Germany, The National Energy and Utilities the Natuonal Regulatory Commission, power system balance, Shmyhal, coal mine, energy security, generation, crisis

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