On July 24, 2018 Ambassador of Ukraine to the Republic of Lithuania Volodymyr Yatsenkivskyi met with Chairman of the Board of the Lithuanian company JSC Respekto Grupė Cheslav Okinchis, the member of the board of the company Vladislav Kachanovsky and commercial director of the company Yubin Djao, who is also the representative of the Chinese power company NCPE (NORTH CHINA POWER ENGINEERING CO., LTD ) in the European countries and in the CIS.
During the meeting, the plans of the JSC Respekto Grupė and NCPE for the implementation of renewable energy projects in Ukraine as well as some aspects of the participation of representatives of JSC Respekto Grupė and NCPE in the IV Ukrainian-Lithuanian Economic Forum, which will be held in December 2018 in Ukraine, were discussed.
Reference: Respekto Grupė Ltd., an exclusive representative of the Chinese power company NCPE in Europe and the CIS, with the assistance of the Embassy, is working on the possibility of implementing a number of investment projects in the field of solar and wind energy in Ukraine, and, in cooperation with other Chinese companies, the possibility of joint implementation of various infrastructure projects on the basis of the ERSF contract (Engineering, Procurement, Construction, Financing: providing loans from Chinese banks to the customer) under different forms of cooperation.
On June 12, 2018, as the results of Respekto Grupe Ltd. and Ukrainian partners work, a contract between the Chinese state-owned power company NCPE and the Ukrainian group of companies “Metropolia” on the implementation of investment projects in the field of renewable energy in Ukraine with a total capacity of 200 MW on the amount of 253 million USD was signed in Vilnius.
At present, within the framework of this contract, “Metropolia” has prepared the first project for the construction of a solar power plant with capacity 80 MW in the village Byshiv, Makariv district, Kyiv region.