The amount of direct damage caused by the destruction of the Kakhovka Hydroelectric Power Plant’s dam is at least USD 2 billion, including the damage to transport infrastructure, housing and utility services, energy, agriculture, environment, and industry.
The Ukrainian Ministry of Economy announced this in a statement, the CFTS portal reports.
"We continue to record and calculate the damage caused by Russia's blowing up of the Kakhovka hydroelectric dam. It caused serious damage to the housing stock in the Kherson and Mykolaiv regions. The direct damage from the flooding of private homes and related infrastructure is estimated at USD 950 million. More than a quarter of the total amount of damage–USD 586 million–is related to the destruction of the hydroelectric power plant, which will have to be built from scratch. Separately, the Environment Ministry has preliminarily estimated the damage to the environment at no less than USD 1.5 billion. Providing drinking water to the affected regions remains a priority. Therefore, the Budget Committee has approved the allocation of USD 41 million (UAH 1.5 billion) for the construction of mainline water pipelines," said First Deputy Prime Minister/Minister of Economy Yulia Svyrydenko.
According to an analysis by the KSE Institute, an analytical center at the Kyiv School of Economics, the damage to the transportation infrastructure because of the tragedy at the Kakhovka Hydroelectric Power Plant is estimated at USD 311 million: over 290 kilometers of roads damaged by floods.
The damage to industry is estimated at USD 105 million: 28 major industrial facilities on the right and left banks of the Dnipro River were flooded.
The damage to the energy sector is estimated at USD 624 million: the Kakhovka Hydroelectric Power Plant was destroyed beyond repair, accounting for USD 586 million out of the total amount of damage in the sector. Building a new hydroelectric power plant will cost USD 1 billion.
The damage to the housing sector is estimated at USD 950 million. According to preliminary figures, 20,000-30,000 homes in the Kherson region and over 500 private houses in the Mykolaiv region are in the flooded area.
The damage to the agricultural industry is estimated at USD 25 million.
The damage to the environment and ecology is estimated at USD 1.5 billion: 150 tons of oil leaked when the dam exploded, and the salinity level of the Black Sea near Odesa is almost three times lower than normal.
