CCFI (Climate Change Financial Instrument) projects

Nordic Plast improves energy efficiency 

Nordic Plast Ltd. on October 31, 2013 signed contract No.: KPFI-15.2/29 on the implementation of a project to improve the energy efficiency of Nordic Plast Ltd. pellet prodoction line that will be supported by the Latvian government’s Climate Change Financial Instument.  

The project is to be implemented by June 30, 2014. The project foresees partial replacement of the production technologies with new energy efficient plastic pellets production equipment. By increasing the energy efficiency of the production plant the annual level of carbon dioxide emissions will be decreased by 330 716.48 kgCO2.

The total project costs are LVL 1 207 735.78, LVL 930 475.77 of which are eligible costs. The co-financing from the Climate Change Financial Instrument constitutes LVL 418 248.86 or 44.95% of the eligible costs.

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Phone: +371 25726502

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