Release date: 18 March 2014
Promoter – Financial Intermediary
The promoter of the project is the Republic of Bulgaria and the beneficiaries will be the municipalities of Pleven and Dolna Mitropolia.Location
Description
The project concerns water and wastewater investments (reconstruction/rehabilitation of drinking water supply and distribution networks, construction of sewerage networks) in the areas of Pleven and Dolna Mitropolia in the northern part of Bulgaria as well as the reconstruction, expansion and modernisation of the Pleven waste water treatment plant. Key objectives are to achieve compliance with the EU water and urban waste water directives. The promoter has requested co-financing from the EU structural funds under the OP Environment and JASPERS has been actively involved in the project preparation.
Objectives
The project aims at the protection of public health and the environment from water pollution, while maintaining a balanced development of water supply and sanitation focussing on wastewater collection and treatment, as well as safeguarding the financial and operational viability of the water company.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 21 million
Total cost (Approximate amount)
EUR 82 million
Environmental aspects
The project is strongly environmentally driven, although its public health impact is considered to be its primary merit. The scheme will contribute to meeting Bulgaria´s needs in relation to compliance with the EU Urban Wastewater Treatment Directive.
Procurement
Procurement procedures will be consistent with the Bulgarian public procurement law that is transposing the relevant EU public procurement directives.
Status
Under appraisal - 18/03/2014
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).