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Lithuania Special Programme for Implementation of Energy Saving Measures

 Name

Lithuania- Special Programme for Implementation of Energy Saving Measures

Status

 

 

 

Under implementation

 

Funding Mechanism

 

 

 

 

 

Duration

1997 - established but not functioning

 

 

 

 

Objectives

To grant soft loans for programs and projects promoting energy efficiency and production of renewable energy.

 

 

 

 

Sponsors

Ministry of Finance, Ministry of Economy and the EU Commission

 

 

 

 

Eligible Sectors

 

 

 

 

 

Eligible Projects/Technologies

 

 

 

 

 

Fund Endowment

EUR€ 2.95 million (has not been transferred to the Fund)

 

 

 

 

Terms

 

 

-Funding Instruments

 

-Interest Rates

 

-Payback

 

-Size

 

-Collateral

 

-Share of loan in project cost

 

-Loan criteria

 

 

 

 

Comments

In 1996 the Government of Lithuania established the Energy Conservation Fund. The resources of the Fund were meant for energy efficiency programs and means facilitating introduction, developments and usage of local, renewable and secondary energy resources. In 2000, the Energy Conservation Fund was reorganized into the Special Program for Introduction of Energy Efficiency Means.

 

 

 

 

Sources

 

 

 

 

Contact Information

 



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