8 Project Idea Note form (PIN) 1. Project name and submission date ...

6. Current project status(Pre-feasibility study,feasibility study, projectidea only, project concept,main project in constructionphase etc.)7. Additionality(What would happen in caseof absence of projectactivity?)8. FundingAssessment of investmentcosts and available funds9. TimeframeEstimation of timeframe forimplementation of proposedprojectPre-investment documentation development.Implementation of the project without carboncertificates is unprofitable, so in the case of absence ofproject activity it would be dropped from the project.The total investment costs, which includeimplementation of proposed energy efficiencymeasures amount to 1.3 million Euros.Method of financing:• Own funds;• The investor is the future owner of CER;Estimated time frame for the project start is June 2011.10

Criteria for sustainable developmentConstruction of independet cogeneration energy power source 1.4 MW in AD IMLEK dairy,facility in BelgradeCriteria Field Indicators Remark- Best available technologyEconomic1. Sustainabletechnologytransfer2. Employment-Technology in accordancewith the requirements oflocal requirements- Contribution to increasethe number of jobs- Contribution to thewastage reducingDesigned plant will be doneby the best availabletechnology.Implemented technology isfully compliant with therequirements of the localrules.Implementation of thisproject, opening up new jobs.Employees who will beengaged in maintenance, theywill be trained for theoperation of the cogenerationplant.Cogeneration plant operationdoes not affect the level ofcontamination of the groundor water or dischargepollutants to the ground orinto surface water andgroundwater.3. Consumptionand production- Contribution to the wastemanagement in accordancewith the requirements ofenvironmental protectionThe oil from the enginelubrication system is changedautomatically, fed from acentral oil reservoir. Thewaste oil stored in animpermeable wessel will beperiodically transportedoutside the "Imlek". Therecycling points of this typeof waste are in the refineries,according to the laws of theRepublic of Serbia.11

1. Improvingliving conditions- Increase employment atthe local / regional level- Increasing income at local/ regional level- Project contribution toimproving public healthIncreased employment from asocial aspect refers to theoperator involvement in theoperational managementprocess and facilitymaintenance.Increasing income at the locallevel is reflected in makingprofit using feed in tariffs forelectricity distributors.Cogeneration plant does notinclude the use of substancesthat may be harmful to humanhealth or the environment orwhich may cause concernabout existing or potentialrisks to human health.SocialcriteriaCogeneration plant does notproduce any emission abovethe statuary value, of anydischargers, pollutants,dangerous, poisonous orunpleasant substances into theair.2. Expansioncapacity- Project contribution to theknowledge transfer andexperience required for thetechnology /equipment useand maintenance- Participation of localcompanies in the process ofproject implementation- Training local people toapply new knowledge,technologies and skillsImplementing cutting-edgetechnology of thecogeneration plant,contributing to technologytransfer and operatorstraining, this will lead to theknowledge and skills transfer.Technology transfer isaccomplished through localcompanies.12