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Summary sheet

Release date
18 June 2025
Status
Reference
Under appraisal | 17/03/2025
20250027
Project name
Promoter - financial intermediary
CEPS STRATEGIC TRANSMISSION PROJECTS
CEPS AS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
CZK 9280 million (EUR 374 million)
CZK 12373 million (EUR 499 million)
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project will finance the reinforcement and modernisation of the electricity transmission network in the Czech Republic, over the period 2025-2030.

The aim is to support the efficient operation of the country's electricity transmission network, to increase its capacity and to enable the promoter to maintain the reliability and quality of electricity supply. According to preliminary information, the project schemes will be implemented in less-developed regions.

Environmental aspects
Procurement

The related project electricity transmission schemes (overhead lines and works in existing power substations), may fall under Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended by the EIA Directive 2014/52/EU). The schemes under Annex I have undergone an obligatory Environmental Impact Assessment (a favourable EIA consent opinion has been issued from the competent authority).

The promoter shall ensure that contracts for implementation of the project have been and will tendered in accordance with the applicable EU procurement legislation, Directive 2014/25/EU as well as Directive 92/13/EEC, as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Milestone
Under appraisal
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).

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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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