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Kragujevac District Heating Project

Sector: Road • Location: Serbia

Source: European Bank for Reconstruction and Development (EBRD)

Project
Repaying

Provision of a sovereign loan of up to EUR 18 million to the Republic of Serbia (the "Client") consisting of 2 tranches. The loan proceeds of Tranche 1 (EUR 15 million) will be used for: 1) decommissioning of old coal boilers from the district heating ("DH") system in the city of Kragujevac (the "City"), 2) installation of new natural gas based hot water boilers, with a total capacity of 110MW, an

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Project Information

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The project “Kragujevac District Heating Project” is an infrastructure initiative in the Road sector, located in Serbia. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Status

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repaying

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Description

Description

Provision of a sovereign loan of up to EUR 18 million to the Republic of Serbia (the "Client") consisting of 2 tranches. The loan proceeds of Tranche 1 (EUR 15 million) will be used for: 1) decommissioning of old coal boilers from the district heating ("DH") system in the city of Kragujevac (the "City"), 2) installation of new natural gas based hot water boilers, with a total capacity of 110MW, and 3) project supervision. The loan proceeds of Tranche 2 (EUR 3 million) will be used for: i) rehabilitation of the ash disposal site, and ii) related procurement and implementation support, and works supervision.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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