Operational Program Competitiveness and Innovation 2014-2020

Services provided

The Program aims at energy intensity reduction by supporting large enterprises in Bulgaria to promote the implementation of energy efficiency projects.

Budget of the Program procedure amounts to BGN 97,791,500 / EUR 50,000,000. The maximum co-financing rate is 25-50%. The minimum and maximum grants for a project amount to BGN 500,000 and BGN 2,500,000, respectfully.

Eligible energy efficiency measures included:

· Waste heat utilization;

· Introduction and certification of energy management systems;

· Implementation of CEMs that reduce the energy intensity of the existing building stock of enterprises;

· Acquisition of heating and cooling systems and / or production of electricity from renewable energy sources for own consumption;

· Acquisition of tangible and intangible assets that contribute to improving the energy efficiency of enterprises.

Encon Services Ltd. developed energy audits for a number of large industrial enterprises required under the Program for investments aimed at increasing energy efficiency.