World Bank finances Belarusian CHP

The World Bank has approved a $90m loan to support an energy efficiency project in Belarus, with cogeneration at its core.

Energy News Live reports that sufficient finance is available for the reconstruction of two combined heat and power plants in the cities of Gomel and Mogilev, with efficiency of the plants expected to increase by 15-30% and carbon emissions estimated to reduce by around 250,000 tons every year.

World Bank

As a result of the current loan and a previous $125m financing for the project in 2009, around 145 MW of electric capacity is being installed.

Although Belarus has increased its energy efficiency since 1990, it is still lagging behind many EU countries, according to the World Bank.

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