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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
Link to source

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

Link to source

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

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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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