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Ukraine's largest hydropower company estimates damage from Russian attacks at over €3 billion

Thursday, 21 March 2024, 13:03
Ukraine's largest hydropower company estimates damage from Russian attacks at over €3 billion
Kakhovka Hydropower Plant. Stock photo: Getty Images

The damage incurred by Ukrhydroenergo, Ukraine’s largest hydropower generating company, from Russian attacks has amounted to over €3 billion: €2.5 billion from the blowing up of the Kakhovka Hydropower Plant (HPP) and an additional €500 million from missile strikes.

Source: Ukrhydroenergo

Quote: "The damage Ukrhydroenergo suffered from the Russian troops’ terrorist act of blowing up the structures at the Kakhovka HPP, which caused extensive damage, has exceeded €2.5 billion. Additionally, approximately €500 million in damage were incurred from missile attacks and drone strikes on the company's facilities," the statement reads.

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Currently, Ukrhydroenergo is working on developing legal claims and arbitration proceedings to seek compensation for the damage and hold Russia accountable.

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