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.

Profile

DТЕК is the largest private investor in Ukraine’s energy sector.

DTEK Group produces coal and natural gas, generates electricity at thermal, solar and wind power plants, distributes electricity, supplies electricity to end consumers, provides energy efficient solutions and develops a network of EV charging stations.
In 2019, DTEK’s capital investments totalled UAH 23 bln. Moreover, the company paid UAH 23.4 bln of taxes. DTEK employs 70 thousand people.

The company is 100% owned by SCM Limited. Ultimate beneficial owner – Rinat Akhmetov.

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