OREANDA-NEWS. March 30, 2011. According to information of enterprises working under Ministry of Industrial Policy, during 2010 the amount of their investment to increase the production energy effectiveness amounted to about 1.5 billion UAH (in frame of energy saving and energy efficiency programs approved until 2017).

The full implementation of the measures planned in this direction will allow to save over 3.5 billion UAH. Payback time of these activities is expected from several months to 10 years - depending on complexity and features of the implementation process.

Machine-building enterprises have invested in production energy efficiency nearly 20 million UAH. Affordability of activities implemented is around 2.9 billion UAH. State Enterprise "Machine Building Plant "Gidromash" spent 3.5 million UAH on blanking machines and mechanical workshops upgrading. It is expected, that these costs payback time would be 4 years and the economic effect would be 31 million UAH.

After the introduction of parts machining new technology at JSC "SMPO named after M.V. Frunze" the expected economic effect will be 690 million UAH. Expenses for implementation of this activity cost the company a little more than a million and the payback is expected in 2 years.

In general, the Program for energy efficiency provides modernization of equipment, installation of mini-boiler plants, reconstruction of important processes and a number of other measures that will increase the competitiveness of domestic products and increase its production volumes.