The project is part of the Promoter's on-going investment programme to upgrade and expand its gas distribution networks in some of its concession areas in the Veneto and Lombardy regions. The investments, comprising mainly network expansion, reinforcement and metering upgrades, are aligned with the requirements of the relevant regulatory framework. The project will allow the Promoter to reinforce and continue developing the distribution networks to meet market growth as well as ensuring that sufficient capacity is available to meet peak demand.
Objectives
The project will enable the Promoter to cater for demand growth, reduce losses, and to improve the quality and the reliability of gas supply.
Comments
Sector(s)
Energy
Proposed EIB finance (Approximate amount)
EUR 70 million
Total cost (Approximate amount)
EUR 145 million
Environmental aspects
Current information suggests that the project components will fall under Annex II of the Environmental Impact Assessment Directive (2011/92/EU), requiring the competent authority to determine the need for an EIA in line with the Directive.
Procurement
The Promoter tenders works, supplies and services contracts following procurement rules of relevant national and EU legislation, as defined by Directive 2004/17/EC, including publication in the Official Journal of the EU where appropriate.
Status
Approved
-
22/03/2013.
Disclaimer
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