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    Signature(s)

    Amount
    € 37,500,000
    Countries
    Sector(s)
    Bosnia and Herzegovina : € 37,500,000
    Energy : € 37,500,000
    Signature date(s)
    30/06/2014 : € 37,500,000

    Summary sheet

    Release date
    28 August 2013
    Status
    Reference
    Signed | 30/06/2014
    20110180
    Project name
    Promoter - financial intermediary
    RENEWABLE ENERGY HPP VRANDUK
    JAVNO PREDUZECE ELEKTROPRIVREDA BOSNE I HERCEGOVINE, the state-owned electricity company in the Federation of Bosnia and Herzegovina.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 38 million
    EUR 86 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    Construction of a 20 MW hydro power plant on the stretch of the river Bosna between the towns of Zenica and Nemila.

    The operation will support investments in renewable energy, thus contributing to a sustainable and secure supply of energy and therefore to the long term economic growth and development in BIH. The operation supports the Bank's mandate objectives for Candidate and potential Candidate countries, by promoting renewable energy, tackling climate change and improving security of energy supply.

    Environmental aspects
    Procurement

    The project falls under Annex II of the EIA Directive 2011/92/EU and it was screened in by national authorities and is subject to an Environmental Impact Assessment. An environmental impact assessment has been performed in accordance with national legislation and it's compliance with EU legislation will be checked during appraisal.

    The Bank will require the Promoter to ensure that contracts for implementation of the project are tendered in accordance with the applicable EU procurement legislation (Dir 2004/17/EC, 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - RENEWABLE ENERGY HPP VRANDUK
    Publication Date
    30 Apr 2014
    Document language
    Main Topic
    Lending
    Document Number
    51976869
    Document Focus
    Environmental Information
    Project Number
    20110180
    Sector(s)
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - RENEWABLE ENERGY HPP VRANDUK
    Publication Date
    8 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    52006354
    Document Focus
    Environmental Information
    Project Number
    20110180
    Sector(s)
    Publicly available
    Download now

    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.

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