The power plant was projected by the Ukrainian department of project-research institute "UkrHydroProject" of S.Zhuk. The construction was conducted by several specialized in this field companies. During the construction also there was built a small settlement for the power plant's working personnel.
Turbines for the plant were produced by the Kharkiv Factory "Turboatom", generators - Kharkiv Factory "Elektrovazhmash".
The dam has a lock to allow a water travel along the Dnieper river. It is a single stage, a single chamber lock. The lock's size is 288 by 18 metres (945 ft × 59 ft).
In 1997 the power plant started to be renovated. The first stage lasted until June 2002, while the second one - 2017. The first stage was financed through the IBRD, while for the second World Bank invested $106 million with addition of the Ukrainian government budget.