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EAC DEKELEIA ICE POWER PLANT

Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Cyprus : € 30,000,000
Energy : € 30,000,000
Signature date(s)
4/12/2008 : € 30,000,000
Link to source
Data sheet
EAC DEKELEIA ICE POWER PLANT
Other links
Summary sheet
Eac Dekeleia Ice Power Plant
Related publications
Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - EN

Summary sheet

Release date
14 May 2008
Status
Reference
Signed | 04/12/2008
20080158
Project name
Promoter - financial intermediary
Eac Dekeleia Ice Power Plant
Electricity Authority of Cyprus (EAC)

 

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
EUR 65 million
Location
Sector(s)
Description
Objectives

The project includes design, manufacturing, construction and operation of the Internal Combustion Engines Power Plant (ICE Plant) at the Dekeleia Power Station in Cyprus.

The project is expected to help cover peak demand for electricity in Cyprus and improve quality of services provided by the promoter to its clients at a competitive cost.

Environmental aspects
Procurement

The EIA study was prepared for the project in 2007/2008. The study did not find impacts that are unacceptable or that cannot be mitigated appropriately. The selected peak load plant technology is the most energy efficient option available under local conditions in Cyprus.

The tender concerning the Dekeleia investment project was announced in the OJEU No. 2007/S 179-219314. The contract was awarded in November 2007 and announced in the OJEU No. 2008/S 70-093917. Details of the applied procurement procedure will be subject of appraisal.

Link to source
Summary sheet
Eac Dekeleia Ice Power Plant
Other links
Data sheet
EAC DEKELEIA ICE POWER PLANT
Related publications
Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - EN

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.

Related publications