The Ministry of Energy and Electrification of Ukraine issued Order No. 288 dated 27 December 1994, “On the Establishment of State Enterprise “Dniprohydroenergo”. The company evolved from structural units, Dniprovska HPP, Dniprodzerzhinska HPP, Cascade of Seredniodniprovska HPPs, Kakhovska HPP, and Kremenchutska HPP, and was their successor. Semen Potashnyk was appointed acting Director of Dniprohydroenergo.
