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Summary sheet

Release date
13 October 2009
Status
Reference
Under appraisal | 13/10/2009
20090343
Project name
Promoter - financial intermediary
CCCFL District heating energy efficiency
Jinan Thermal Power Co., Ltd through the Ministry of Finance (People’s Republic of China).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 31 million
EUR 53 million
Location
Sector(s)
Description
Objectives

The project consists in the financing of the heating network transformation and upgrading (steam to water), the operational automation system, and installation of motor variable frequency control systems.

The project aims at the reduction of energy use, atmospheric emissions and water and electricity consumption of the energy production and distribution system, which will lead to an increase of the energy efficiency and better environmental performance of the energy production facilities and heating network.

Environmental aspects
Procurement

The reduction resulting from the project on energy consumption and polluting emission is considerable and will contribute positively to the climate change effects and to the air quality in the city (the savings are estimated at 70 000 t/a for standard coal (equivalent), 80 GWh/a of electricity, 700 000 t/a of water, 2000 t/a of SO2 and 200 000 t/a of CO2 emissions). The main impact is on the construction of the hot water pipes in the streets and is considered acceptable.

The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank’s Guide to Procurement.

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Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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