District Heating Efficiency Improvement Project

The District Heating Efficiency Improvement Project of Moldova will contribute to improved operational efficiency and financial viability of Newco and to improve quality and reliability of heating services delivered to the population of Chisinau. Component one will support priority investments aimed at optimizing and modernizing the heat distribution network, with the objective of reduced heat losses, improved service quality, and increased efficiency and security of supply of heat and hot water to end-user consumers. Component two will support the Government’s decision to streamline operation and corporate structure of Newco, including closing down of the operation of CHP-1. Component three will provide technical and financial support for project management.