WASHINGTON, May 5, 2009 - The World Bank’s Board of Executive Directors today approved the following project: GEF Trust Fund Grant: US$2.54 million Project Description: The Thermal Power Efficiency Project for China aims to reduce coal consumption and GHG emission per unit of electricity production in Shanxi Province, Shandong Province and Guangdong Province in China, through (i) mitigating the financial barriers of closing inefficient small-sized coal-fired units; (ii) demonstrating the viability of investments in efficiency improvements in existing midsized thermal units; and (iii) developing effective regulations to implement the pilot ESD (Efficient Fuel Saving Dispatch) programs and conducting studies to support the transition to efficient generation dispatch. Media Contact Mohamad Al-Arief (202) 458-5964 malarief@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P098654 |
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