Chernivtsi City Council has provided a loan guarantee Corporation NEFCO to upgrade the heating system in the streets Zalozetsky and Saltykov-Shchedrin

22 session of the Chernivtsi city Council of VII convocation supported the draft decision on provision of a guarantee for the city Council to ensure the implementation of debentures of SCE “Chernivtsiteplokomunenerho” on the loan, the Nordic environment Finance Corporation (NEFCO). For the first time this draft decision, the city Council considered the November 24, 2016. NEFCO is ready under the guarantee of the city Council to provide 500 thousand euros of loan funds for the implementation of the Demonstration project "DemoUkrainaDH in Chernivtsi", which provides for the modernization of heat supply system in the streets Zalozetsky and Saltykov-Shchedrin. The loan is expected to be paid over seven years in equal semi-annual installments subject to the grace period is 1 year. Interest rate charged on borrowed funds is fixed and is 6 percent per annum. For the project provided a grant in the amount of 300 thousand euros. These funds will upgrade the boiler on the street Zalozetsky, which has already exhausted its resources. There will install a modern solid fuel boiler will run on wood pellets. Also will a 18 heat points, replaced all the external network. Gas boilers will be retained, allowing a continuous supply of district heat during peak loads or renovations. The upgraded heating system will improve the quality of public services, reduce the cost of production of the coolant and, consequently, will help reduce rates for consumers. Card Demo This was reported in the Chernivtsi city Council

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Source: http://uzinform.com.ua/

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