Business sector:Municipal and environmental infrastructure Public/Private: Public Environmental category: B Target Board date: 29 Oct 2014 Status:Passed concept review, Pending final review PSD disclosed: 29 Aug 2014 Project Description : The EBRD is considering providing a loan to the district heating utility Poltava Oblast Communal District Heating Enterprise Poltavateploenergo (the Company ), operating in the Poltava Oblast and the City of Poltava (the City ) to finance the installation of individual heating sub-stations, biofuel boiler, network replacement with pre-insulated pipes, modernisation of boilers and control systems, and the installation of monitoring and dispatching system in the City (the Project ). The project aims at significantly improving the energy efficiency, reducing energy losses, gas and electricity consumption and improving the quality of heat and hot water supply services in the City. Transition Impact : The Project is part of an Integrated Approach to Reform in the Ukrainian District Heating Sector that sets out specific transition objectives for the sector which, by their nature, would benefit from a multi-project and strategic approach, to create a synergy between priority investments, technical cooperation, and sector policy dialogue. The transition impact of the project is expected to derive from: Framework for markets: The Project will support a tariff setting methodology development and adoption at the National Utility Tariff Regulator level with a view to ensuring: (i) full operating cost recovery and cost control; (ii) full investment cost recovery based on the investment programme assessment to be performed by the National Utility Tariff Regulator and (iii) improved revenue predictability and planning through a process of formalised, regular, transparent and timely adjustment of rates. The City and the Company will enter into a Public Service Contract, which will clearly define the City and the Company s rights and obligations regarding the district heating services provision and capital improvements including the tariff setting rules and policy. The demand-side measures proposed by the project will help the Company increase its consumption-based billing and further improve revenue collection. Demonstration of successful restructuring: Through physical investments and commercialisation resulting from implementation of the Corporate Development Programme, the project will improve the operational and financial performance of the Company and will have a significant demonstration effect for other cities and utilities in Ukraine concerning ways to improve energy efficiency of district heating operations and reduce losses and costs. Energy Efficiency: Through investment programme implementation the project is expected to result in significant energy efficiency gains as well as enable better energy management at the building level, thereby providing incentives for energy-savings by end-users.
Project completion date : 2015-12-31 12:00:00
Major organization : POLTAVA OBLAST COMMUNAL DISTRICT HEATING ENTERPRISE POLTAVATEPLOENERGO
Address : Komarova St, 2?, Poltava, Poltavs~ka oblast
Email : email@example.com
Url : http://te.pl.ua/
Financier : European Bank for Reconstruction and Development (EBRD),
Financier address : European Bank for Reconstruction and Development (EBRD) One Exchange Square London EC2A 2JN United Kingdom Website : http://www.ebrd.com/