Release date: 20 June 2018
Promoter – Financial Intermediary
SPP - DISTRIBUCIA ASLocation
Description
The project is part of the promoter's investment programme to upgrade the gas distribution networks in Slovakia for the period 2019-2022. The investments envisaged by the promoter include mainly the replacement of old steel pipelines and the refurbishment of regulation stations. Other components include the upgrade of information technology systems and metering equipment. The investment schemes are located in various parts of the country, mostly classified as cohesion priority regions.
Objectives
The project consists of the upgrading of the distribution system in order to provide a better and more efficient service to the end customer, reduce the potential for gas leakages and maintain/restore safety levels.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 60 million
Total cost (Approximate amount)
EUR 131 million
Environmental aspects
The characteristics of the Project components are such that they typically fall under Annex II of the Environmental Assessment Directive 2011/92/EU (amended 2014/52/EU), leaving it up to the national competent authority to determine whether an environmental impact assessment is required according to criteria defined in Annex III of the Directive. The upgrading works are planned on existing systems, which have been initially screened out based on their technical characteristics and criteria defined in the national regulation.
Procurement
The Promoter confirmed that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/25/EU and 2014/24/EU where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the European Union, as and where required.
Status
Signed - 25/09/2018
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).