Residents of Kyiv will benefit from upgraded and more reliable provision of district heating and hot water supply thanks to a €140 million loan from the European Bank for Reconstruction and Development (EBRD).
The loan to Kyivteploenergo, the heating and hot water utility serving the Ukrainian capital, will finance the modernisation of existing combined heat and power plants and selected boiler houses, as well as the installation of a new dispatching and monitoring system. This new equipment will be fully compliant with the EU Industrial Emissions Directive.
The improvements will enhance energy and resource efficiency as well as the quality and reliability of heating and hot water supply to residential and non-residential customers. The investments will result in annual savings of more than 193,000 tonnes of CO2 equivalent and 25,000 cubic metres of water yearly.
The project will be part of Kyiv’s Green City Action Plan (GCAP), developed under the EBRD Green Cities initiative.
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