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    Summary sheet

    Release date
    17 August 2009
    Status
    Reference
    Under appraisal | 17/08/2009
    20090326
    Project name
    Promoter - financial intermediary
    China Climate Change Framework Loan - Hubei small hydropower projects
    Ministry of Finance.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 44 million.
    EUR 71 million.
    Location
    Sector(s)
    Description
    Objectives

    This project is a proposed loan allocation under the CCCFL and concerns the design, construction and operation of 10 small scale hydro power plants, with a total capacity of 62 MW. The plants are located in the Yichang prefecture (Hubei province).

    The project supports EU and Bank policy objectives with regard to combating climate change and promoting renewable energy generation, contributing to environmental sustainability.

    Environmental aspects
    Procurement

    If located in the EU, one scheme would fall under the Annex I of the EIA Directive, all other schemes would fall under Annex II. ESIAs have been carried out, including public consultations.

    Procurement will be undertaken in accordance with the Bank’s Procurement Guidelines.

    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).

    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.

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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 and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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