DTEK ESCO Invests 30 Million Hryvnias into Energy-Efficient Projects at Ilyich Iron and Steel Works

DTEK ESCO Invests 30 Million Hryvnias into Energy-Efficient Projects at Ilyich Iron and Steel Works

DTEK10 August 2018

Mariupol Ilyich Iron and Steel Works is planning to save up to 60% of electric power for the steel-rolling shop lighting and up to 35% of gas for the indurating machines.

DTEK ESCO Invests 30 Million Hryvnias into Energy-Efficient Projects at Ilyich Iron and Steel Works

Two energy-efficient projects being funded and executed by DTEK ESCO provide for installation of 2,200 modern LED fixtures, retrofitting of 3 indurating machines with installation of 24 new ones, high-efficient gas burners, and 3 automation packages based on industrial-grade controllers. The projects are being implemented according to energy service contracts.

“Thanks to partnering with DTEK ESCO, we are planning to save 7.2 million kWh of electric power and 1.6 million m3 of gas annually. That equals to reduction of CO2 emissions by 9,000 tons annually. The expected economic effect from implementation of these two project is estimated around 14 million hryvnias of costs for power and gas annually. Without involvement of our own funds, we are retrofitting the production, improving labor conditions and securing industrial safety at the enterprise,” noted Taras Shevchenko, CEO of Ilyich Iron and Steel Works.

“We are planning to invest about 30 million hryvnias in both energy-efficient projects at Ilyich Iron and Steel Works. At the same time, we are in a middle of discussion of another big upgrade focused on the environment. All our projects are brought to life through the energy service mechanism. Meaning, we fund and execute projects on the turnkey basis guaranteeing saving of energy resources for our customers. We get out investment back exclusively as a share of costs saved by our customers. We retrofit the DTEK enterprises in the same manner, we have implemented projects saving 35 to 90% of electric power, and we also work with public sector institutions. In Mariupol, it is possible to improve kindergartens, schools, clinics, renovate street lighting, retrofit boiler facilities and CHPP in a similar manner,” explained Yevhen Bushma, Director of DTEK ESCO.

Reference

DTEK is a strategic holding company that develops business in the energy sector. DTEK’s companies employ 73 thousand people. Maxim Timchenko is the Chief Executive Officer of DTEK.
DTEK companies produce coal and natural gas, generate electric power at the fossil-fuel fired power plants and renewable energy power plants, supply thermal and electric power to end consumers, and provide energy services. The operating companies directly manage production companies in each of the business streams.
DTEK’s production indicators for 2017: the company has produced 27.7 mn tonnes of coal, 1.655 bcm of natural gas, generated (supplied) 37.1 bn kWh of electric power, of which 637.8 mn kWh have been provided by the renewable energy sources; and transmitted 43.2 bn kWh of electric power via the grid.
DTEK is a part of the financial and industrial group System Capital Management (SCM). The shareholder of the group is Rinat Akhmetov.
For more information, visit: https://dtek.com/en/
To learn about social partnership projects being implemented in the cities of DTEK activity, and to get a detailed report on the status of their implementation, please visit https://dtek.com/en/sustainable_development/

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DTEK
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