Release date: 24 March 2009
Promoter – Financial Intermediary
CEZ, a.s.
Mr Jan BROZIK, Executive Finance Director
Duhová 2/1444
CZ-140 53 Praha 4,
Czech Republic
Tel.: +420 (211) 042 305
Fax: +420 (211) 042 003
E-mail: brozik@cez.cz
Location
Description
Investments in electricity distribution networks in the Czech Republic.
Objectives
To improve quality and reliability of electricity supply, satisfy the growing demand for electricity and enable connection of new customers.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million (indicative).
Total cost (Approximate amount)
EUR 1 070 million (estimated).
Environmental aspects
According to the Czech regulations, high voltage components/schemes comprising the project are subject to a mandatory EIA procedure. As for the other project components/schemes, they fall under Annex II of the EIA Directive (85/337/EEC and amendments) and the national competent authority decides whether an EIA is required taking into consideration screening criteria specified in the Directive.
Procurement
The Promoter is a public utility operating in the energy sector and therefore subject to the requirements of EU Directives. CEZ Distribuce has developed its procurement procedures based on the EU legislation and regularly publishes procurement notices in the OJEU for services, supply and work contracts.
Status
Signed - 17/08/2009