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    Signature(s)

    Amount
    € 180,050,414.12
    Countries
    Sector(s)
    Czech Republic : € 180,050,414.12
    Energy : € 180,050,414.12
    Signature date(s)
    28/11/2014 : € 180,050,414.12
    Link to source

    Summary sheet

    Release date
    27 May 2014
    Status
    Reference
    Signed | 28/11/2014
    20140245
    Project name
    Promoter - financial intermediary
    CEPS TRANSMISSION GRID
    CEPS AS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 180 million
    EUR 360 million
    Location
    Sector(s)
    Description
    Objectives

    The Project covers a 2014-2018 investment programme for the modernisation and extension of the high voltage electricity transmission network in the Czech Republic.

    The programme is expected to enable the promoter to cater for growth demand in specific areas of Czech Republic, improve the safety of the system, support the efficient operation of the electricity market in the Central and Eastern Europe region and maintain the reliability and quality of electricity supply.

    Environmental aspects
    Procurement

    By their technical characteristics, some programme schemes fall under Annex I or Annex II of the EIA Directive. The impacts that can be typically expected for these sub-projects relate to visual impact, vegetation clearance, electromagnetic fields, noise nuisance, impact on flying vertebrates and disturbance during construction. Environmental impact assessments have been carried out as applicable and mitigating and/or compensation measures will be applied as necessary.

    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/17/EC and Dir. 2007/66/EC [amending Directives 1989/665/EEC and 1992/13/EEC]), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - CEPS TRANSMISSION GRID
    Publication Date
    17 Sep 2014
    Document language
    Main Topic
    Lending
    Document Number
    54601186
    Document Focus
    Environmental Information
    Project Number
    20140245
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - CEPS TRANSMISSION GRID
    Publication Date
    5 Nov 2014
    Document language
    Main Topic
    Lending
    Document Number
    55885337
    Document Focus
    Environmental Information
    Project Number
    20140245
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - CEPS TRANSMISSION GRID
    Publication Date
    20 Dec 2023
    Document language
    Main Topic
    Lending
    Document Number
    167822912
    Document Focus
    Environmental Information
    Project Number
    20140245
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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