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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Ukraine : € 150,000,000
    Energy : € 150,000,000
    Signature date(s)
    20/10/2008 : € 150,000,000

    Summary sheet

    Release date
    8 June 2007
    Status
    Reference
    Signed | 24/10/2008
    20060447
    Project name
    Promoter - financial intermediary
    RIVNE-KYIV HIGH VOLTAGE LINE
    Ukrenergo NEK GP
    25, Kominternu Street,
    01032, Kyiv, Ukraine
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    EUR 300 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of a 350 km long 750 kV AC transmission line from Rivne in north-western Ukraine to Kiev in central Ukraine and a 135 km-long diversion of the existing Khmelnitska to Chernobyl power line into the Kiev substation, extension of Kiev substation and two 60 km, 330kV lines connecting Kiev substation to 330 kV network. The project would constitute a major electricity backbone link from the Kiev area to western Ukraine, ultimately connecting to the Trans-European Energy Networks (TEN-Es).

    The aims of the project are: to reinforce the transmission network, to use the generation capacity more economically, to enable Ukraine to improve its participation in the European energy markets, to reduce losses and facilitate lower carbon emissions and to enhance the security of supply to the Kiev city area.

    Environmental aspects
    Procurement

    Due to its size and technical characteristics, the project, if located within the EU, would fall under Annex I of Directive 97/11/EC and would thus require an Environmental Impact Assessment (EIA). An EIA in line with EU requirements, including public consultation, was completed in 2007 for the 350 km long 750 kV transmission line from Rivne to Kiev and the 135 km long diversion of the existing Khmelnitska to Chernobyl power line into the Kiev substation. The promoter is preparing an EIA in line with EU requirements, including public consultation, for the other components of the project and is expected to be completed before start of the works for these components.

    The Bank will require the promoter to ensure that all supply contracts financed by the Bank will be established in compliance with the Bank's Guide to Procurement.

    Comments

    Electricity

    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).

    Documents

    Environmental and Social Impact Assessment (ESIA) - RIVNE-KYIV HIGH VOLTAGE LINE - Link to Promoter's website for environmental documentation
    Publication Date
    12 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    53714982
    Document Focus
    Environmental Information
    Project Number
    20060447
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - RIVNE-KYIV HIGH VOLTAGE LINE - ESIA, NTS and Stakeholder Engagement Plan (Ukrainian)
    Publication Date
    18 Jul 2014
    Document language
    Main Topic
    Lending
    Document Number
    53723386
    Document Focus
    Environmental Information
    Project Number
    20060447
    Sector(s)
    Countries
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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