MonSEFF |-Mongolian Sustainable Energy Financing Facility | favourable terms loans | reduce energy consumption

MonSEFF | Corporate loan|competitiveness loan|equipment upgrade Corporate Energy Efficiency Loan

Corporate Energy Efficiency Loan

Much equipment used in Mongolia is old and inefficient, making it difficult for businesses to compete in a global economy. Typically, all upgrades of old equipment will improve energy efficiency, but some will achieve must better savings than others.
So it is worth investing in models, which will result in savings that pay back the loan quickly.

 

Energy efficiency projects are available for a wide range of technologies, including:

  • Retrofitting of existing plant, equipment, production processes or energy efficiency of the building itself, or
  • Modification or expansion of production capacity

Typical investments might involve:

  • Installation of onsite co-generation of heat and electricity
  • Rehabilitation of boilers
  • Process improvements including enhanced controls
  • Rehabilitation of steam distribution systems
  • Installation of new chillers
  • Implementation of Energy Management Systems
  • Rehabilitation of power distribution systems
  • Boilers
  • Pumps
  • Variable speed drives
  • Production line equipment
  • Transport equipment (mini buses, trucks, etc)

 

MonSEFF loans are also available for investments loans that increase the energy efficiency of commercial buildings.

Examples of such investments include energy efficiency technologies, such as:

  • Efficient lighting
  • Efficient heating & cooling systems (HVAC)
  • Efficient refrigeration systems
  • Efficient electric motors
  • Efficient electric transformers
  • Compressed air systems
  • Efficient electricity systems
  • Thermal insulation of your premises
  • Boilers
  • Variable speed drive controls
  • Heat recovery systems
  • Micro Combined Heat and Power generation systems

 

TECHNICAL REQUIREMENTS

  1. Investments should result in energy savings of at least 15% (i.e. the piece of equipment or process involved must result in a specific reduction of energy consumption of at least fifteen percent (15%) as compared to the old equipment)
  2. Investments should result in an IRR of at least 10%
  3. All equipment purchased should be new (although the EBRD may allow exceptions in some cases)
  4. Investments should not involve trade in, or production of, ozone-depleting or asbestos-containing products
  5. Equipment being replaced must be disposed of and not placed on the resale market