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News publ. 22. Dec 2016
The KfW Development Bank is financing a two-year pilot project for the implementation of energy efficiency measures in various industrial sectors in Nepal. The project partners’ kick-off meeting and the official launch of the programme took place on 9 December 2016 in Kathmandu, Nepal.
The current high energy intensity of Nepalese industry offers great potential for the implementation of energy efficiency measures. In order to encourage investment in industrial energy efficiency, the KfW is making available a fund for grants in the amount of over two million Euros, to be distributed to eligible Nepalese enterprises via the partner bank NIDC Development Bank Ltd. The funding programme is directed at both private firms from energy-intensive sectors in the manufacturing industry like steel and cement product, and at energy-intensive service industries.
On 9 December 2016, adelphi and the local partners used the kick-off meeting to discuss the overall strategy for the project and details on individual aspects of the work to be conducted in order to achieve a shared understanding of the project and to define responsibilities. Following the kick-off meeting was the official launch event, with high-ranking guests from the central stakeholders in attendance. In addition to the local partner bank NIDC and adelphi having introduced the project, speakers included, among others, the Deputy Prime Minister, the Nepalese Finance Minister, and the German Ambassador. They addressed the Nepalese Energy Efficiency Programme (NEEP) and German-Nepalese cooperation.
In the run up to the launch event, adelphi had developed a video with support from GIZ on the technical and financial components of the energy efficiency programme, which was screened for the guests as part of the ceremony. Moreover, adelphi is supporting the NIDC in cooperation with INTEGRATION in the implementation and administration of the grant programme.