AB “Grigiškės“ is going to implement the Project „The modernisation of the heat sector through the greater use of renewable energy resources“ in order to increase competitiveness of production and the use of waiste of the manufacturing process for the production of energy. During the implementation of the Project the new steam-boiler with the heating power of 15-18 MW using biofuel is intended to be installed. The heat produced by the new steam-boiler will replace the heat produced by the existing natural gas steam-boilers. It is planned that the new biofuel steam-boiler will produce about 55 percent of heat (in the form of steam) needed for the technological processes in the company. In 2008 AB „Grigiškės“ had provided Lithuanian Business support Agency with an application in order to receive financial assistance for the implementation of the Project. The support of up to 9 445 284 litas from the European Structural Funds and the budget of Lithuanian Republic for the implementation of the Project was granted by the order No. 4-346 of the minister of economy of the Republic of Lithuania enacted on the 10 th of July, 2009. The total value of the Project is about 19,1 million Lt. Gintautas Pangonis General Director (+370-5) 243 58 01