Investments towards increasing the energy efficiency of “INOX” Ltd.

The project is focused on the implementation of initial investments towards improving the energy efficiency and increasing the capacity of the existing establishment of INOX company in the town of Razgrad. The applicant’s activity includes the production of specialized machinery, equipment, metal products and spare parts for the pharmaceutical, chemical and food industry. The total quantity of energy consumed to provide the manufacturing process (for 2015) is estimated to 76 020 kWh. Respectively the corrected annual energy consumption is 950 520 kWh. With view of reducing the energy consumption for ensuring the production process, this project is orientated to the realization of the following 9 energy efficiency measures: - Replacement of the universal milling machine with a new universal milling machine with CNC control; - Replacement of the universal lathe with a new 3D CNC control lathe; - Replacement of the 3-shaft hydraulic sheet bending machine with a new 4-shaft hydraulic sheet bending machine with CNC control; - Replacement of the old CNC hydraulic metal sheet bending press with a new hydraulic metal sheet bending press with CNC control; - Replacement of the old reciprocation compressor with a new screw compressor with inventor control; - Sanitation of production building 1; - Replacement of the old CNC hydraulic guillotine with a falling knife with a new hydraulic guillotine with a falling knife, variable cutting angle and CNC control; - Sanitation of production building 2; - Replacement of the lighting equipment in production building 2. Proposed measures (project activities) have been outlined as particular recommendations from the study made on energy efficiency of the applicant’s production establishment. Expected results from the project realization include the achievement of annul energy savings to the amount of 790 890 kWh and reaching an Energy Saving Ration of 83,23 %.

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Overview

Status Closed (completion date)
Start date 15 Nov, 2017
End date 24 Jul, 2019
Contract date 15 Nov, 2017
View in UMIS

Beneficiary

Financial information

Total cost 802,000.00
Grant 489,690.00
Self finance 312,310.00
Total paid 475,906.80
EU participation percent 85.0%

Location