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The background. Purpose of Vilnius street lighting PPP project Renovate V ilnius city lighting in a most economically effective way Improve Vilnius illumination Reduce energy consumption Save budgetary expenses for the street lighting

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The background

The background

  • Purpose of Vilnius street lighting PPP project

    • Renovate Vilnius city lighting in a most economically effective way

    • Improve Vilnius illumination

    • Reduce energy consumption

    • Save budgetary expenses for the street lighting

    • Improve lighting management to enable distant real-time controls

    • Reduce number of crimes committed at night

    • Reduce CO2 emissions

    • Ensure quality and prompt maintenance of the lighting system

    • Ensure quality lighting of Vilnius streets and public spaces


Key assumptions

Key assumptions

  • Scope of Vilnius street lighting PPP project activities

    • Street lighting renovation

    • Energy supply renovation

    • Instalation of a dynamic online control systems (central monitoring and management, localised management and sensors)

    • Instalation of a digital data transmission system (network)

    • Regular maintenance and operation

  • Expected duration of the PPP contract

    • 19 years=4 years replacement / installation + 15 years operation


Partnership scheme

Partnership scheme

MINISTRY OF ENVIRONMENT/ Climate change foundation

Partial annual payment

Provided repayable services

VILNIUS CITY MUNICIPALITY

INVESTMENT FUNDS

Sponsorship

By trust law assigning lighting infrastructure, periodic payment for services

COMMERCIAL BANKS

PROJECT Ltd.

PRIVATE INVESTORS/ SHAREHOLDERS

Ltd. ”VILNIAUS GATVIŲ APŠVIETIMO ELEKTROS TINKLAI”

VGAET monitors the quality of the provided services

EUROPEAN BANKS (EIB, EBRD, NIB, etc..)

Selling part of the capital

Provided services according to the agreement

CONTRACTOR/ SUBCONTRACTOR

SERVICE OPERATOR/ PROVIDERS OF EXPLOITATION SERVICES

H


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