Removal of Barriers to Energy Efficiency Improvement in the Steel Rerolling Mill Sector
Project Summary
This project seeks to reduce greenhouse gas (GHG) emissions by providing technical assistance to small and medium-sized steel rerolling mills in India that will enable them to adopt more energy efficient and environmentally friendly technologies. For capacity building and information dissemination, the Ministry of Steel will establish a center for training, information and capacity strengthening on a sustained basis. It will also develop institutional linkages with energy-service companies for providing off-the-shelf technologies from international equipment vendors. These actions, together with investment support provided by the Banking Sector are expected to result in a transformed and efficient steel re-rolling sector.
Project Details
| GEF Project ID | 1240 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | India |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Development Programme |
| Executing Agencies | Ministry of Steel |
| GEF Period: | GEF - 3 |
| Approval Fiscal Year: | 2003 |
Financials
| Project Preparation Grant Amount | 280,000 USD |
| GEF Project Grant | 6,750,000 USD |
| Co-financing Total | 25,110,000 USD |
| GEF Agency Fees | 564,280 USD |
| Total Cost | 32,140,000.00 USD |
Project Timeline
Received by GEF
Preparation Grant Approved
14 Dec 2000
Concept Approved
01 May 2003
Project Approved for Implementation
10 Feb 2004
Project closed
19 May 2015
