Capital Investments Administration of Autonomous Province of Vojvodina signed grant contracts for energy efficiency projects with eight municipalities. The financing and co-financing budget is RSD 59.4 million (EUR 494,000), the institution said.
The question of energy efficiency enhancement concerns the whole community, because it means more rational energy use, cutting down on energy expenditure for heating and cooling, lowering emissions of harmful gasses, but also savings on costs for local self-government, said Nebojša Malenković, chief of the Capital Investments Administration. He stressed municipal authorities must be the leading element in energy efficiency projects’ implementation and added reconstruction of public buildings has multiple benefits.
The administration’s funds are planned for financing and co-financing projects for rehabilitation and energy efficiency improvement in Subotica, Kanjiža and Vršac with a total of EUR 203,000 as well as reconstruction and rehabilitation of public lighting in the municipalities of Nova Crnja, Srbobran, Bečej, Novi Kneževac and Opovo with a total of EUR 291,000, the report said.
Bečej’s project, worth EUR 60,800, is for installing 162 LED lamps in five streets. Vojvodina’s investment agency granted EUR 52,500, while the municipal construction directorate will finance the rest, local authority’s website said. According to the report, expected savings are around 80%.