Off the wire
Foreign exchange rates in Thailand  • Urgent: U.S. airstrikes kill 29 militants, destroy IS radio in Afghanistan  • Military reorganization "a historic step": PLA Daily  • Indian stocks open higher  • UN Security Council slams deadly Damascus bombings  • Singapore's property investment sales in 2015 drop to record low since 2009  • New Zealand military helping in fight against Tasmanian fires  • Urgent: Cruz beats Trump in U.S. Republican Iowa caucuses  • New Zealand welcomes WHO Zika declaration  • Myanmar warns of EI Nino drought in Mandalay region  
You are here:   Home

World Bank loans finance Hebei clean heating system

Xinhua, February 2, 2016 Adjust font size:

The World Bank has approved loans of 100 million U.S. dollars to north China's Hebei Province to help build a clean energy heating system, the provincial finance department announced on Tuesday.

Hebei will use natural gas and excess heat from local power plants and other facilities to supplement and replace less environmentally-friendly heating in the cities of Chengde, Zhangjiakou and Xingtai, and Pingshan County.

Almost 130 km of heating pipes will be built or reconstructed, 253 heating-transfer stations will be rebuilt, and heat meters will be installed in 1,340 residential buildings.

With an investment of 1.53 billion yuan (232.6 million U.S. dollars), including the World Bank loans, the better heating system will help Hebei save energy and cut emissions.

If the project is successful, similar systems may be installed elsewhere in the province, said the finance department.

Upon completion of the project, 103 coal-fired boilers in Chengde, Zhangjiakou, Xingtai and Pingshan will be dismantled. It is estimated that the project will help save 155,000 tonnes of standard coal a year while cutting annual emissions of carbon dioxide, sulfur dioxide, soot and nitric oxide by 542,000 tonnes, 4,400 tonnes, 9,336 tonnes and 4,957 tonnes respectively. Endi