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Detail of GEF Project #3552
| GEF Project ID | 3552 |
| Funding Source | GEF Trust Fund |
| Project Name | Chiller Energy Efficiency Project - under the Programmatic Framework for Energy Efficiency |
| Country | India |
| Region | Asia and the Pacific |
| Focal Area | Climate Change |
| Strategic Program | CC-2 |
| PIF Approval Date | 2008-02-04 |
| Approval Date | 2008-04-24 |
| CEO Endorsement Date | 2009-05-05 |
| Project Status | Under Implementation |
| Executing Agency | ICICI Bank |
| Description | The Project will assist in accelerating the conversion of ODS-based chillers to new and more energy efficient technology through the provision of financial incentives, to address well-documented techno-economic barriers and overcome market barriers for Energy efficiency (EE). The project will also support the strengthening of national capacity for carbon finance intermediation which will further ensure sustainability resulting in a permanent transformation of the chiller market. The sustainability of this endeavor is supported by a robust policy framework and would be further enhanced through the capture of carbon finance revenues. |
| GEF Project Grant | 6,300,000 USD |
| GEF Grant | 6,300,000 USD |
| Cofinancing Total | 93,652,200 USD |
| Project Cost | 99,952,200 USD |
| GEF Agency Fees | 630,000 USD |
| GEF Project (CEO Endo.) | 6,300,000 USD |
| Cofinancing Total (CEO Endo.) | 93,038,800 USD |
| Project Cost (CEO Endo.) | 99,338,800 USD |
| GEF Agency Fees (CEO Endo.) | 630,000 USD |
| Project Documents |
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