Main
News
Economy
UNDP to allocate over $230 million for urgent energy equipment for Ukraine

UNDP to allocate over $230 million for urgent energy equipment for Ukraine

Boris Bodnar Journalist

18 February 2026, 16:40

UNDP to allocate over $230 million for urgent energy equipment for Ukraine — Ілюстрація ООН

The United Nations Development Programme has allocated an additional $230 million for 2026 to purchase and install critical energy equipment in Ukraine.

The decision was announced by Ukraine's Permanent Mission to the UN, according to Ukrinform. The funding was a response to an appeal by the Ukrainian diplomatic mission in New York. Andriy Melnyk, Ukraine's Permanent Representative to the UN, met with Alexander de Croo, the newly appointed UNDP Administrator, and Ivana Živković, UNDP Regional Director for Europe. The Ukrainian side provided a list of the most urgent needs for the restoration of damaged energy facilities.

According to an official note, in 2026, there are plans for the urgent purchase and installation of additional equipment worth more than $230 million. This includes cogeneration plants, gas turbine equipment, transformers, compressor stations, modular boiler rooms and other critical equipment.

The equipment will be sent to Zaporizhzhia, Kyiv, Odesa, Mykolaiv, Kharkiv, Chernihiv, Kremenchuk, Lviv, Lutsk, Shostka and other cities. Among the largest projects are the installation of a 54-megawatt gas turbine unit at the Kremenchuk Thermal Power Plant at a cost of $24 million, cogeneration units for Kyiv with a capacity of 25 megawatts at a cost of $20 million, and for Odesa with a capacity of 40 megawatts, also at a cost of $20 million. In Zaporizhzhia, there are plans to install 16.2 and 20 megawatt units at a cost of $8 million, and in Mykolaiv, a 9.8 megawatt unit at a cost of $5.5 million.

As of early 2026, UNDP has already purchased energy equipment with a total capacity of 572.3 megawatts for Ukraine. More than 6.6 million Ukrainians have received practical support.

Economy

More

All the electricity put up for sale was sold at the long-term auction

All the electricity put up for sale was sold at the long-term auction

Energoatom and Ukrhydroenergo have sold all the electricity volumes offered at the first special long-term auctions. In total, the state-owned companies sold 462,148 MWh, to be supplied between August and December 2026.

The IMF has postponed the introduction of VAT for sole traders until 2028: what will change

The IMF has postponed the introduction of VAT for sole traders until 2028: what will change

The International Monetary Fund has agreed to postpone the introduction of value added tax (VAT) for sole traders operating under the simplified tax system. Instead of January 2027, the new rules are due to come into force on 1 January 2028.

After the war, the military levy may be replaced by a reconstruction tax — the government is discussing the idea with the IMF

After the war, the military levy may be replaced by a reconstruction tax — the government is discussing the idea with the IMF

The Ukrainian government is considering replacing the current 5 per cent military levy with a special tax for post-war reconstruction. This option is included in the updated Memorandum of Cooperation between Ukraine and the International Monetary Fund.

Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’

Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’

During a retrial, the Kharkiv District Administrative Court quashed a tax penalty of 4,038,423 hryvnias imposed on a business owner following an inspection of a shop in the centre of Odesa. The decision was based on irregularities in the way the inspection was arranged, rather than on a refutation of the tax authorities’ claims regarding the accounting of goods.

The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million

The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million

The Innovation Development Fund has announced a tender for the purchase of 860 Starlink Internet Satellite Mini satellite modems or their equivalents. The maximum funding amount for the purchase, including VAT, is 17.028 million hryvnias.

Society

More

Church feast day on 23 July 2026: what people ask of the Mother of God of Pochaiv

Church feast day on 23 July 2026: what people ask of the Mother of God of Pochaiv

On 23 July, Orthodox Christians honour the Pochaiv Icon of the Mother of God – one of Ukraine’s most famous Christian shrines. They pray before this miraculous icon for protection, healing, family harmony and help in difficult circumstances.

Radio stations and TV channels may have to change their frequencies for defence reasons

Radio stations and TV channels may have to change their frequencies for defence reasons

Ukrainian radio stations and television channels, whose frequencies have been temporarily reallocated for defence and security purposes, will be able to switch to new broadcast channels. For some listeners and viewers, this may mean having to retune their radio or T2 television set.

Gas and electricity tariffs for households in Ukraine are set to rise from 2027 – a memorandum with the IMF

Gas and electricity tariffs for households in Ukraine are set to rise from 2027 – a memorandum with the IMF

Ukraine may begin a gradual increase in gas and electricity tariffs for households as early as 2027. This scenario is set out in the updated Memorandum on Economic and Financial Policies, which the Ukrainian authorities have agreed with the IMF. However, no final decision has yet been made – the document itself does not imply an automatic increase in tariffs.

In Ukraine, the death rate is four times higher than the birth rate

In Ukraine, the death rate is four times higher than the birth rate

In the first six months of 2026, 73,292 children were born in Ukraine, whilst 259,853 people died. The death rate is therefore almost four times higher than the birth rate.

5G is now available in central Kyiv: how to get connected

5G is now available in central Kyiv: how to get connected

Large-scale testing of fifth-generation mobile networks has begun in Kyiv. Owners of compatible smartphones can use 5G, although coverage depends on the network operator and the specific area of the city.