Signature(s)
Summary sheet
Both in the Republic of Serbia and the Republic of Montenegro, selected priority investments for the rehabilitation and upgrade of power transmission lines, substations and SCADA/EMS facilities. If relevant studies are available and acceptable for the refurbishment of hydropower stations and/or for distribution, such components could also be included.
The project will contribute to securing a more reliable and efficient electricity supply through (i) improving the electricity import/export capacity, mainly by allowing more efficient use of the system, (ii) cost savings and (ii) improving the system stability. Financing is in parallel with grants from the EAR and other bilateral donors as well as financing from the EBRD, which are also aimed at helping with the restructuring of the sector.
No particular environmental issues are expected for this type of project, as no new facilities are being constructed. The Bank will further verify this during appraisal.
EIB's usual procurement procedures of open international competitive bidding with tender publication in the Official Journal of the European Communities.
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).
News & Stories
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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
Related publications