Date de publication: 10 avril 2014
Promoteur – Intermédiaire Financier
PUBLIC POWER CORPORATION S.A.Lieu
Description
The project concerns the installation of fossil fuel fired (diesel & heavy fuel oil) reciprocating engine generation units on Greek islands (around 17 in total) not connected to the mainland grid, with associated upgrading of auxiliary infrastructure. The Promoter is the incumbent electricity utility, Public Power Corporation (PPC). The total project generation capacity represents approximately 290MW, consisting tentatively of individual unit sizes ranging from 180kW to 25MW.
Objectifs
The Project will promote the security of supply in an EIB priority cohesion region. It will enable the Promoter to satisfy the growing demand for electricity and improve the security and reliability of electricity supply. The Project is therefore eligible under article 309 a) projects for developing less-developed regions, and c) Common Interest of the Treaty on the Functioning of the European Union. The financing of this Project would contribute to the Bank’s lending priority policy on convergence regions and on security and diversification of energy supply.
Secteur(s)
Montant BEI envisagé (montant approximatif)
EUR 175 million
Coût total (montant approximatif)
EUR 355 million
Aspects environnementaux
The Project components fall under Annex II of the EIA Directive (2011/92/EU). All but one of the components will be located within the boundaries of existing power stations. The Promoter has indicated that EIAs will be required for some project components, the extent and number, as well as any environmental impacts will be verified during appraisal.
Passation des marchés
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 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 required.
Statut
Signé - 11/12/2014
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).