Support to the implementation of measures towards increasing the energy efficiency at the production establishment of „Toncho Angelov” Ltd

The project is focused on the implementation of measures towards increasing the energy efficiency of the production process of “TONCHO ANGELOV” Ltd through investments in new machines and equipment following the recommendations outlined in the energy efficiency study at the production establishment of the company, based in the town of Marten, Municipality of Russe. The applicant’s main activity is classified in sector C 25.62 “Mechanical treatment of metal” and includes the production and fitting of metal products and constructions for the industry and the agriculture – these include industrial and agricultural halls, sheds, fire ladders and scaffoldings. The company’s activity also includes the manufacture of elements from fencing systems and doors. The total quantity of energy consumed to provide this manufacture in 2015 is estimated to 19 302 kWh/y. Respectively the corrected annual consumption of energy for ensuring the company’s production process is 60 513.11 kWh for the last year. With view of reducing the energy consumption for the company’s production activity, reducing the production costs and increasing the economic effectiveness of the activity, the project targets the implementation of the following 3 basic measures outlined as a result from the study made on energy efficiency: - Measure 1: Replacement of the available sheet bending machine with a hydraulic sheet bending press machine with CNC control; - Measure 2: Replacement of a guillotine with a new hydraulic guillotine with a rotating arm; - Measure 3: Replacement of the machine for folding profiles and tubes with a new hydraulic machine for folding profiles and tubes; The implementation of these measures will provide for reducing the energy consumption for ensuring the company’s manufacturing process and thus achieving annul energy savings to the amount of 40 206.39 kWh/y, reaching an energy saving ration (ESR) of 70,24 % and saving CO2 emissions to the amount of 32,93 tons/year.

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Overview

Status Closed (completion date)
Start date 24 Nov, 2017
End date 13 Dec, 2018
Contract date 24 Nov, 2017
View in UMIS

Financial information

Total cost 190,710.21
Grant 138,077.14
Self finance 52,633.07
Total paid 137,292.00
EU participation percent 85.0%

Location