Caprivi Interconnector

Construction of a 400 MWe, 1250 km transmission connection for reinforcing the electricity transmission interconnection between Zambia, Namibia and South Africa.

Objectives

Export of hydro electricity, support of a competitive regional power market and improved security of supply.

Comments

Electricity

Sector(s)

Energy

Proposed EIB finance (Approximate amount)

Up to EUR 90 million.

Total cost (Approximate amount)

Approx. EUR 365 million.

Environmental aspects

The project will comply with both national standards and international recommendations in the field of environment and the protection of nature conservation sites.

Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA)

Procurement

The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank's Guide to Procurement.

Status

Signed - 19/12/2008.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).

Projects

Provision of power connection between transmission networks of Namibia, Zambia and other member countries of Southern African Power Pool

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Zero-tolerance against fraud and corruption

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

EIB Transparency Policy

The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.

Guide to procurement

This Guide applies specifically to those components of a project identified for the Bank's financing.