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Signature(s)

Amount
€ 194,000,000
Countries
Sector(s)
Tunisia : € 194,000,000
Energy : € 194,000,000
Signature date(s)
11/12/2010 : € 194,000,000
Link to source

Summary sheet

Release date
29 April 2010
Status
Reference
Signed | 11/12/2010
20090293
Project name
Promoter - financial intermediary
STEG - Sousse Power Plant

Société Tunisienne de l’Electricité et du Gaz (STEG)

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 194 million from the Bank's own resources under the ENP/MED Mandate (2007-2013).
Approximately EUR 388 million.
Location
Sector(s)
Description
Objectives

The project concerns the construction of a single-shaft combined-cycle power plant with a capacity of around 400 MW in Sousse.

The primary objectives of the Sousse power plant are:

  1. to upgrade electricity generating capacity in order to meet growing demand, ensure the network's balance and support the country's economic development;
  2. to deploy combined-cycle technology (gas turbine with steam cycle) to increase the thermal efficiency of the system by improving the output and reducing greenhouse gas emissions and polluants.

Environmental aspects
Procurement

A preliminary study of the environmental impact assessment (EIA) of the project was produced in accordance with current Tunisian legislation. The promoter complied with the Bank's requirements, in particular with regard to the public consultation of the communities affected by the project.

Having carried out the previous projects, the promoter is fully familiar with the Bank’s procurement procedures and issues international calls for tender.

Link to source

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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