Project Description
IFC is considering a loan in the amount of up to RON 34 million (approx. US$ 10 million equivalent) for co-financing a district heating and energy efficiency rehabilitation program in the city of Botosani, north eastern Romania. The program consists of two phases. The first phase – also supported by the EU- includes the construction of a new gas-fired CHP station (installation of two gas engines 4MWe each and two heat-only boilers 52 MWth each) and the rehabilitation of 6.5 km of transport and 14.3 km of distribution network. The second phase comprises the rehabilitation of additional 3.7 km of distribution network as well as Energy Efficiency improvements in selected residential buildings in Botosani and other related investments.