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    Signature(s)

    Amount
    € 140,000,000
    Countries
    Sector(s)
    Greece : € 140,000,000
    Energy : € 140,000,000
    Signature date(s)
    3/11/2015 : € 70,000,000
    18/09/2014 : € 70,000,000

    Summary sheet

    Release date
    20 December 2013
    Status
    Reference
    Signed | 18/09/2014
    20130196
    Project name
    Promoter - financial intermediary
    IPTO TRANSMISSION I
    Independent Power Transmission Operator S.A. (IPTO)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 140 million
    EUR 282 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises a significant part of IPTO's power transmission investment programme over the period 2012-2015, including (i) construction of Megalopoli EHV s/s and its initial connection to 400 kV and 150 kV, (ii) interconnection of Nea Makri (Attica mainland) to Polypotamos (island of Evia), and (iii) three smaller transmission schemes and a new energy management system.

    The project is expected to enable the integration into the grid of new generation resources, including renewable energy, extend the transmission capacity and contribute to improve the reliability of supply.

    Environmental aspects
    Procurement

    Some schemes of the project involving long 400 kV overhead lines will fall under Annex I of the EIA Directive 2011/92/EU, while the remainder will fall under ANNEX II, leaving it to the national competent authority to decide whether an EIA would be required in line with the screening criteria specified in the directive. The impacts that can be typically expected for the project schemes relate to visual impact, vegetation clearance, electromagnetic fields, noise nuisance, and disturbance during construction. The EIA screening criteria applied by the national competent authority in Greece and the provisions for biodiversity assessment of projects will be investigated during appraisal.

    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 (Directive 2004/18/EC and/or Dir. 2004/17/EC and Dir. 2007/66/EC [amending Directives 1989/665/EEC and 1992/13/EEC]), with publication of tender notices in the EU Official Journal, as and where required.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 7of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51360065
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 3of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51360066
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 1of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51360164
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 2of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51360165
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 12of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51361199
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 14of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51361808
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 10of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51361885
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 13of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51362390
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 4of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51362600
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 5of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51363204
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 8of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51363893
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 6of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51363894
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 9of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51364888
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - IPTO TRANSMISSION I NTS Part 11of14
    Publication Date
    11 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    51365185
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - IPTO TRANSMISSION I
    Publication Date
    9 Apr 2014
    Document language
    Main Topic
    Lending
    Document Number
    52407882
    Document Focus
    Environmental Information
    Project Number
    20130196
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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.

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    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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