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LOANS & CREDITS

Serbia: Energy Efficiency Project

June 20, 2007



IBRD LOAN: US$18 million.

TERMS: Grace period = 5 years; Maturity = 17 years.

IDA CREDIT: US$10 million

TERMS: Grace Period = 10 years Maturity = 20 years.

PROJECT DESCRIPTION: This project will allow the Government to complete the original goal of the project (cost overrun) and scale up energy efficiency improvements to include: rehabilitation of the heat supply system of one large complex of buildings, such as the Nis Clinical Center; lighting in schools; energy efficiency improvements in social buildings, such as orphanages; and energy efficiency improvements in additional schools and hospitals across Serbia.

 


Media Contacts
Steven Jouy
Tel : (+1-202) 473-4215
sjouy@worldbank.org

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