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The project consists of a three year investment programme aimed at modernising and reinforcing the electricity distribution networks of peninsular and insular Greece. It comprises a large number of electricity distribution schemes ranging from low voltage up to 150 kV.
The purpose of the project is to improve network safety and reliability, connect new system users and initiate the installation of smart meters throughout the country.
The characteristics and voltage range of the Project schemes are such that they are listed neither under Annex I nor Annex II of the EIA Directive 2011/92/EU. The environmental impacts of the Project are expected to be modest and, in most cases, limited to disturbance during construction.
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 (Dir. 2004/17/EEC and Dir. 2007/66/EC), with parallel publication of tender notices in the EU Official Journal, as and where appropriate.