IND. ENERGY CONS. II

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The Second Industrial Energy Conservation Project will provide a line of credit for the financing of direct foreign exchange costs of (i) industrial and other enterprises for eligible energy saving and background industry subprojects and (ii) energy monitoring equipment required by enterprises and institutes to enable them to monitor energy use and carry out energy audits more effectively. The project also comprises an institution strengthening component, which will provide energy monitoring equipment, computer hardware and software for data processing, promotional activities and training programs. A study by consultants on the functions of the Energy Efficiency Office (EEO) and its position in the existing framework for energy conservation is also underway.