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Summary sheet

Release date
17 August 2009
Status
Reference
Under appraisal | 17/08/2009
20090326
Project name
Promoter - financial intermediary
China Climate Change Framework Loan - Hubei small hydropower projects
Ministry of Finance.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 44 million.
EUR 71 million.
Location
Sector(s)
Description
Objectives

This project is a proposed loan allocation under the CCCFL and concerns the design, construction and operation of 10 small scale hydro power plants, with a total capacity of 62 MW. The plants are located in the Yichang prefecture (Hubei province).

The project supports EU and Bank policy objectives with regard to combating climate change and promoting renewable energy generation, contributing to environmental sustainability.

Environmental aspects
Procurement

If located in the EU, one scheme would fall under the Annex I of the EIA Directive, all other schemes would fall under Annex II. ESIAs have been carried out, including public consultations.

Procurement will be undertaken in accordance with the Bank’s Procurement Guidelines.

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 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.

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