Signature(s)
Summary sheet
UK Power Networks Ltd
Rehabilitation and upgrade of three electricity distribution grids in London, Eastern and South-Eastern England 2012-2015
The Project is a 3-year investment programme aimed at renovating and reinforcing the electricity distribution networks of three licensed Distribution Network Operators (DNOs) serving the city of London, the East of England or the South East of England. The Project comprises the implementation of a large number - several thousands - of electricity distribution schemes from low voltage up to 132 kV. The Project also includes research and development activities (R&D) involving the trial of new network technologies and functionalities to facilitate the transition to a “smarter” distribution network.
Environmental impact studies have been/shall be carried out in compliance with the relevant EU and national environmental legislation and mitigating measures will be applied as necessary.
The Bank will require the Promoter to ensure that contracts for the implementation of the Project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC), with parallel publication of tender notices in the EU Official Journal, as and where appropriate.