The Parliament ratified the contract with the EIB on the allocation of 30 million euros for the project "Energy Efficiency in Moldova" with a total value of 75.5 million euros.
In particular, the deputies approved in the second reading the draft law on the ratification of the relevant contract on financing between Moldova and the European Investment Bank for the implementation of this project. The document was signed in Chisinau on December 10, 2021. The "Energy Efficiency in Moldova" project aims to implement a national program to improve the energy efficiency of public buildings in Moldova. These are buildings of central public and local authorities, characterized by low energy efficiency due to the old construction and an acute lack of investment in consolidation and energy efficiency improvements during their use. It is envisaged that for the implementation of the mentioned project, Moldova will receive a loan from the EIB in the amount of 30 million euros. Under the terms of the financing agreement, the loan from the EIB will be provided in ten installments, the minimum amount of which will be 1 million euros. Each tranche will be subject to a grace period of 5 years and a maximum period of 20 years from the receipt of each payment. Another loan in the amount of 30 million euros for the implementation of the project will be allocated to Moldova by the European Bank for Reconstruction and Development. A €15 million grant for the same purpose will be provided by the EU Neighborhood Investment Platform (NIP), and another €0.5 million will be provided by the Eastern Partnership Technical Assistance Trust Fund (EPTATF). Thus, the total budget of the project will amount to 75.5 million euros. Its implementation period is 4 years (2022-2025). The main beneficiaries of the project will be state-owned buildings of national and local importance, mainly of a social nature, mainly hospitals and medical institutions of national importance, as well as schools and kindergartens. The preliminary list of hospitals of republican significance that can be included in the project includes: Institute of Emergency Medicine, Institute of Cardiology, Institute of Oncology, Institute of Mother and Child, Republican Clinical Hospital, Institute of Neurology and Neurosurgery, Republican Center for Medical Diagnostics, Balti Clinical Hospital, Clinical Psychiatric Hospital, Rehabilitation Center for the Elderly and Disabled "SPERANȚA". The final list of beneficiaries will be approved by the Project Implementation Steering Committee. Through the implementation of the project, citizens will have access to better services. The objectives of the project are to improve the energy efficiency of buildings, thermal modernization of buildings, which involves the installation of modern energy-efficient equipment, heating, ventilation, air conditioning systems, the introduction of lighting systems and the distribution of thermal energy, the use of renewable energy sources, if technically possible, etc.// 07.04.2022 — InfoMarket
