Case study - Energy efficiency - IHB Electric JSC

IHB Electric JSC (formerly Elprom ZEM Co.) is the single Bulgarian manufacturer of large electrical machines for hydropower plants, pumping stations and irrigation systems. The BEERECL loan was used to upgrade the production equipment.

Investment Details:

  • Total Project Cost : EUR 59,900
  • KIDSF Grant : EUR 7,200
  • Loan : EUR 48,000
  • Simple Payback Period : 1.5 years
  • Internal Rate of Return : over84%

Estimated Annual Figures

  • Energy Cost Saving : EUR 5,600
  • Reduced Energy Costs by % : 73%
  • Operation and Maintenance cost savings : EUR 33,600
  • Total Cash Savings : EUR 39,000

Project results

  • Reduced production costs, including labour, energy, water and materials
  • Reduced space heating and cooling costs
  • Increased output
  • Enhanced competitiveness
  • Improved work environment
FilesSize
Elprom_EE_Eng.pdfElprom_EE_Eng.pdf389 kB
Elprom_EE_Bg.pdfElprom_EE_Bg.pdf350 kB