Vilnius Heat Demand Management Project
Project Summary
The proposed project would enable VDHC to compete more effectively in the heating market, supporting the development of heating supply at least cost while improving customer satisfaction. The project would also reduce the emissions of greenhouse gases from the Vilnius District Heating System through a targeted effort to remove the existing barriers to energy conservation. This would be achieved by means of expanding the market penetration of the building-level substation (BLS) technology and demand-side measures to a larger number of households while ensuring the full degree of ownership and operation of the substations by the homeowners.
Project Details
| GEF Project ID | 948 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Lithuania |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | Vilnius District Heating Company |
| GEF Period: | GEF - 2 |
| Approval Fiscal Year: | 2001 |
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 10,000,000 USD |
| Co-financing Total | 55,300,000 USD |
| GEF Agency Fees | 963,000 USD |
| Total Cost | 65,300,000.00 USD |
Project Timeline
Received by GEF
Concept Approved
01 May 2001
Project Approved for Implementation
11 May 2003
Project closed
13 May 2009
