Signature(s)
Amount
€ 26,800,000
Countries
Sector(s)
Dominican Republic
: € 26,800,000
Energy
: € 26,800,000
Signature date(s)
1/11/2010 : € 26,800,000
Link to source
Data sheet
Other links
Summary sheet
Release date
29 January 2009
Status
Reference
Signed | 01/11/2010
20070230
Project name
Promoter - financial intermediary
ETED Power Transmission
Empresa de Transmisión Eléctrica Dominicana
Proposed EIB finance (Approximate amount)
EUR 35 million.
Location
Sector(s)
Description
Objectives
Extension of high voltage transmission network with 138 kV lines and substations in the South-western region of the Dominican Republic.
The reinforcement of the transmission system will be designed to accommodate the development of other renewable energy projects in the region. The project will cover peak electricity demand and it is part of an integrated plan for the electricity sector in the country.
Environmental aspects
Procurement
The Bank will verify that the impact of the project is in line with the EU and the Bank’s principles and standards as regards environmental and social issues.
The Promoter will comply with the Bank’s procurement guidelines when tendering contracts proposed for part-financing by the Bank.
Link to source
Summary sheet
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Data sheet
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