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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Syrian Arab Republic : € 200,000,000
    Energy : € 200,000,000
    Signature date(s)
    1/11/2004 : € 200,000,000
    Link to source

    Summary sheet

    Release date
    30 July 2004
    Status
    Reference
    Signed | 01/11/2004
    20030566
    Project name
    Promoter - financial intermediary
    Deir Ali Power Plant
    Public Establishment of Electricity for Generation and Transmission (PEEGT).
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million.
    Estimated at some EUR 415 million.
    Location
    Sector(s)
    Description
    Objectives

    Construction and operation of a dual-fired greenfield power generating plant, which consists of a base load Combined Cycle Gas Turbine (CCGT) unit of 750 MWe some 25 km south of Damascus.

    The project aims at the cost-effective supply of electricity, both in terms of a growing demand and re-establishing security of supply. In addition, the combined cycle gas turbine technology will contribute to lowering emisions of greenhouse gases and air polluants per unit of electricity generated.

    Environmental aspects
    Procurement

    An Environmental Impact Assessment (EIA) is currently being prepared for the project. The project is expected to comply with both national standards and international recommendations in the field of environment. Due to its technology, the project is expected to provide electricity with low environmental impact.

    International procurement, in line with EIB guidelines.

    Link to source
    Summary sheet

    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).

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