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    Signature(s)

    Amount
    € 790,809,481.58
    Countries
    Sector(s)
    Sweden : € 790,809,481.58
    Transport : € 790,809,481.58
    Signature date(s)
    18/06/2014 : € 385,364,940.6
    15/02/2013 : € 405,444,540.98
    Link to source

    Summary sheet

    Release date
    29 October 2012
    Status
    Reference
    Signed | 15/02/2013
    20110608
    Project name
    Promoter - financial intermediary
    STOCKHOLM RED LINE METRO
    STORSTOCKHOLMS LOKALTRAFIK AB
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    SEK 5800 million (EUR 634 million)
    SEK 11655 million (EUR 1274 million)
    Location
    Sector(s)
    Description
    Objectives

    Replacement of the existing signalling system of the metro's Red Line with communications-based train control, associated upgrading of existing rolling stock and acquisition of new vehicles, construction of a new underground depot in Norsborg, and upgrading of the existing Nyboda depot in order to service the new and upgraded rolling stock.

    The project will increase the public transport service by increasing the capacity of Stockholm’s underground. The project shall contribute to maintaining public transport competitiveness and attractiveness, thus preventing a modal shift towards private transport.

    Environmental aspects
    Procurement

    The construction of the new depot falls under Annex II of the EU Environmental Impact Assessment (EIA) Directive, according to which the need for a full EIA is decided on a case-by-case analysis by the competent authority. The replacement of the signaling system and the upgrading of the existing depots also fall outside the scope of Directive 2011/92/EU. Compliance of project components, in particular of the new depot, with EU Directives on the environment, including the EIA Directive 2011/92/EU, the Habitats Directive 92/43/EEC and the Birds Directive 79/409/EEC, will be analysed during appraisal. The question of the project falling within a plan or a programme requiring a Strategic Environmental Assessment (SEA) in line with the EU Directive 2001/42/EC will also be examined during appraisal.

    The promoter is subject to and follows public procurement rules according to EU regulations. The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EEC, 2004/17/EEC and 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - STOCKHOLM RED LINE METRO
    Publication Date
    29 May 2015
    Document language
    Main Topic
    Lending
    Document Number
    54886622
    Document Focus
    Environmental Information
    Project Number
    20110608
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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