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Moldova to benefit from about 49 million euros for energy efficiency projects, rehabilitation of aqueduct from southern Cahul city

15:14 | 24.05.2023 Category: Official

Chisinau, 24 May /MOLDPRES/ - Germany will provide Moldova with non-refundable assistance worth 38.7 million euros for financing a  project titled, Production of ecological energy and energy efficiency. Also, in the context of the increase in prices for the construction materials, Moldova will benefit from 10 million euros for supplementing the budget of the project, Water supply and evacuation of residual waters in the Cahul district II. To this end, the cabinet today approved a bilateral treaty with the government of Germany.    

According to the government’s communication and protocol department, the main beneficiaries of the project, Production of ecological energy and energy efficiency, are the social institutions of local/municipal importance – kindergartens, schools, hospitals, as well as residential buildings. Presently, because of the oldness of the constructions and the lack of investments in works of consolidating the energy efficiency, the real estate sector has a low energy performance.   

Thus, the project implemented by the Energy Ministry, with the support of the Agency for Energy Efficiency, will aim at improving the indoors comfort of the buildings, reducing the consumption energy by at least 30 per cent and, at the same time, at cutting the emissions of CO2. The beneficiaries selected within the appeal of proposals will receive loans with grant component for energy efficiency works and the projects selected for financing will be carried out till late 2027.    

Photo: Government

 

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