Detail of GEF Project #3552

GEF Project ID3552
Funding SourceGEF Trust Fund
Project NameIND: Chiller Energy Efficiency Project - under the Programmatic Framework for Energy Efficiency
RegionAsia and the Pacific
Focal AreaClimate Change
Strategic ProgramCC-2
PIF Approval Date2008-02-04
Approval Date2008-04-24
CEO Endorsement Date2009-05-05
Project StatusUnder Implementation
GEF AgencyWorld Bank
Executing AgencyICICI Bank
DescriptionThe 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.)
93,038,823 USD
Project Cost (CEO Endo.)
99,338,823 USD
GEF Agency Fees (CEO Endo.)
630,000 USD
Project Documents

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