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Installing а co-generation equipment at the boiler plant at Fedъkovich Str.

Project goal

The goal of the project is to improve efficiency of heat generation through installation of а modern energy efficiency co-generation unit.

Participants of the project

The project was initiated by DMP Ivanofrankivskteplokommunenergo. The company will be also an executor of the Project.

Measures implemented under the project

  • Installing а co-generation unit based on а gas piston engine;
  • Sale of extra energy to energy supplying companies.

Project benefits

  • Reduce enterpriseъs electricity costs;
  • Reduce enterpriseъs operation and maintenance costs;
  • Reduce number of complaints from the consumers related to the weaknesses of the heat system;
  • Improve the quality of heat services;
  • Improve the financial state of the enterprise;
  • Generate extra amount of electricity to satisfy city consumers' demands;
  • Reduce GHG emissions.

Annual reduction of energy consumption

1,400 t c.e.

Annual reduction of GHG emissions

3,400 t of СО2-equivalent.

Total project cost and required investments

Total project cost is $668,800, including enterprises costs - $200,640 (30% of the project cost), debt financing - $468,160 (70% of the project cost).

Financing mechanism

Financing mechanism is the loan of а commercial bank or UKRESCO.

Project financial indicators

Indicator
Unit
Value
Discount rate
%
15
Net present value
$thousand
1,092.5
Internal rate of return
%
52.9
Simple pay back period
Year
2.96
Discounted pay back period
Year
3.48

Contacts of project executors

Director of DHC "Ivano-Frankivskteplokomunenergo" Bogdan Chukhniy
Address: 59-a, B. Khmelnitsky St., Ivano-frankivsk city, 76006, Ukraine
Tel: (03422) 6-35-11, 6-04-83, fax: (03422) 6-35-11

Project developer and consultant

Agency for Rational Energy Use and Ecology
Tel: (044) 268 80 88, fax: (044) 268 84 51
e-mail: arena@arena-eco.kiev.ua