Release date: 3 October 2013
Promoter – Financial Intermediary
CEZ DISTRIBUCE ASLocation
Description
Reinforcement and extension of the electricity distribution network in the Czech Republic.
Objectives
Competitive and Secure Energy (incl. TEN-E)
Economic and Social Cohesion (transversal)
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 583 million
Environmental aspects
The project schemes fall under Annex II of the EIA Directive (2011/92/EU), leaving it to the national competent authorities to decide whether an EIA would be required. The vast majority of the project schemes are expected to be reinforcements of medium and low voltage equipment and facilities with limited environmental impact.
Procurement
The Promoter is a public undertaking and is required to follow the procurement procedures set out in the public procurement Directive 2004/17/EC and the national regulations. The Promoter’s approach to the procurement of works, goods and services will be evaluated during the appraisal.
Status
Signed - 12/05/2014
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).