Implementation of Severodonetsk Street Lighting Project to Improve Traffic Safety

Implementation of Severodonetsk Street Lighting Project to Improve Traffic Safety
18 November 2014
Implementation of Severodonetsk Street Lighting Project to Improve Traffic Safety
   Thanks to support from experts of the Municipal Finance Strengthening Initiative (MFSI-II) Roll-out Project, on 17 November 2014, the city of Severodonetsk got approval from the Ministry of Finance of Ukraine for the scope and terms of granting a local guarantee for implementation of the Severodonetsk Street Lighting project.
   The main goal of the project is to reduce energy consumption, improve efficiency of energy utilization, and install a more efficient new equipment. Thus, the electric power consumption will be reduced thanks to replacement of the existing street lights with new energy-efficient DIOD lights providing the energy economy of 322.2MW per year. Implementation of the project will have a significant environmental impact, in particular, by reducing the CO2 emissions by 258 tonnes per year.
    The successful completion of the Severodonetsk Street Lighting project will have an important socioeconomic effect, as it will ensure improved safety of motor and pedestrian traffic.