K&M was engaged by USAID to conduct the feasibility of rehabilitation options for an existing cogeneration plant at GRIRO, the largest steel fabrication facility in Eastern Europe. The GRIRO rehabilitation project was perceived as one of the most promising project opportunities in Eastern Europe from the standpoint of need, replicability, and potential for private sector participation. K&M’s feasibility work included: power and thermal demand forecast, technical feasibility analysis of four repowering or replacement options, economic and financial feasibility assessment, preliminary environmental assessment, equipment specification preparation, and preliminary financing plan.