Sources of project finance and work
methods for the development of investment projects will be
introduced to the sub-regional network (WP4) focussing on a
selection of specific projects proposals prepared by national
participating institutions. Information and advisory services on
investment project preparation and financing modalities will be
provided. Investment project proposals formulated as business plans
that meet with agreed financial and environmental criteria will be
promoted to relevant international financial institutions,
commercial banks, targeted funds and energy service companies (ESCOs).
The promotion of investment project finance is an integral
component of the project and this will be achieved through the
provision of a training course comprising a series of three
workshops of one-week duration each. These workshops will serve to
train a group of experts from each of the Central Asia countries on
the development of energy efficiency projects for improved air
quality management and deployment of appropriate clean coal
combustion technologies for heat and power generation from solid
fuels. National Coordinators will select projects on the basis of
criteria elaborated by the workshop trainers, who will in turn
assist the chosen experts to be responsible for implementation of
these project in the future. Some 10-12 experts from Central Asia
will be invited to participate. Business plans prepared by the
experts will be posted to the web site to be created during the
implementation of WP4.
The training course will include the
Study of modern low-cost, fast payback clean
coal combustion technologies;
Study of energy inspection methods
for energy installations in order to evaluate efficiency of using
solid fuels for heat and electric power generation and their impact
on the environment; and
Development of investment projects on
modernization and rehabilitation of operational energy and utility
installations, including the development of their concept,
feasibility studies and business plans meeting the criteria of
national and international financial and environmental institutions.
Further, the training course will be broken down into the following
Consultations during preparation of
projects (including taking technical decisions, financial analysis
of the project, Feasibility Studies and Business Plans);
Practical aspects (financial analysis of the project, utilization of
specific software), and
Interaction with the students between
training sessions will be maintained via internet communications.
55. Specific criteria will be identified for selection of the
workshop trainers and detailed Terms of Reference established for
execution of the workshops.
This WP will specifically result in:
Enhanced capacity of the Central Asian economies to identify and
develop investment projects for the introduction of low cost, fast
payback clean coal technologies for the heat and power generation
sector in sub-region.
Greater awareness of the modalities of
project finance, guarantee mechanisms and sources of investment
available for reducing air pollution emissions through the
introduction of energy efficiency measures and common best practice
clean coal technologies.