Energy efficiency projects

The development objective of the Energy Efficiency in Public Buildings Project is to improve energy efficiency performance in targeted public sector buildings (schools and hospitals) in order to provide demonstrated basis for development of a sustainable energy efficiency improvement program in the public sector in Montenegro. The change is to extend the project closing date to 31 March, 2014. The extension will enable:

(i) completion of civil works at one remaining subproject site;

(ii) completion of technical monitoring and evaluation of investment results.

The closing date of the project was extended once for six months from December 31, 2012, to June 30, 2013. The extension to March 31, 2014, will be the second one for the project and is necessary to enable:

(i) completion of civil works (luminaries) at the clinic center of Montenegro; and

(ii) technical monitoring and evaluation of investment results on the subprojects completed but not yet monitored and evaluated during the 2012-2013 heating season (the monitoring and evaluation of these subprojects will take place during the 2013-2014 heating season).

The borrower has prepared an action plan that will allow completion of the remaining works under the project within the extended closing date.