Übersicht
The investment programme comprises a large number of schemes for the reinforcement and modernisation of the electricity distribution network in Romania. It encompasses high, medium and low voltage electricity distribution schemes, including the deployment of advanced meters.
The project will allow the Promoter to improve the reliability of electricity supply, to reduce network losses, to connect new users and to improve the overall operational efficiency of the electricity distribution system.
The high voltage programme schemes have the potential for some adverse environmental impacts. Environmental impact studies will be carried out as applicable and mitigating and/or compensation measures will be applied as necessary.
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/25/EU where applicable), as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.
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