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Ukrhydroenergo looks for damages for Russia's destruction of dam

Ukraine's hydroelectric company Ukrhydroenergo stated on Thursday it had initiated global arbitration seeking damages for Russia's. damage of the Kakhovka Dam and power station in June 2023.

The state-run company approximated the damage at 2.5 billion. euros ($ 2.72 billion), it said. Ukrhydroenergo decreased to state. where it had begun the arbitration procedure.

The Kakhovka dam, one of six dams on the Dnipro river that. flows through main and southern Ukraine, was captured at the. start of Moscow's February 2022 invasion.

Kyiv has blamed Russian forces for exploding the Kakhovka. Dam on the night of June 6, 2023, which flooded swathes of. arable land, leaving tens of thousands of individuals without. drinking water and Europe's biggest nuclear reactor without. enough water to cool the reactors.

Russia blamed Ukraine, saying it was trying to sidetrack from. the launch of a major counteroffensive.

The company's actions intend to compensate for the losses. triggered by the damage of the Kakhovka hydroelectric power. plant, Ukrhydroenergo stated in a statement.

The company believes that initiating global. arbitration process is the most appealing method to make up for. the losses.

Ukrhydroenergo stated the Russian president, the federal government,. and other authorised bodies were formally notified of the. disagreement.

Russian President Vladimir Putin in June last year implicated. Ukraine of ruining the Kakhovka dam at the suggestion of the. West, in what he called a barbaric war criminal offense that intensified. the conflict with Moscow.

From the first hours (of the invasion) the station was. inhabited by the military and all duty falls on the. armed force of the Russian Federation, due to the fact that it was under their. full control, Ukrhydroenergo CEO Ihor Syrota informed Ukrainian. television.

ABSENCE OF ELECTRICITY

Electricity from Ukrainian hydro-electric power plants was a. crucial energy source for Ukraine, and the business's plants were. repeatedly subjected to Russian rocket attacks.

Russian missile and drone attacks on Ukraine's energy sector. have actually heightened because March, leading to blackouts in many. regions and power supply limitations.

Ukrhydroenergo stated that considering that the start of the invasion,. Russia had fired about 120 rockets at the company's power. stations.

Syrota stated the Ukrainian hydro-electric sector lost 40% of. its producing capability due to missile attacks while thermal. power stations lost 80% of their capability.

He stated Ukraine had the ability to generate up to 33,000 MWh in. 2012-2013 and about 25,000 MWh before the Russian invasion. In. 2023, Ukrainian installed power capacity totalled 18,000 MWh and. just 9,000 MWh now.

Ukrainian power manufacturers have said the nation takes in. around 18,000 MWh in winter season.

(source: Reuters)