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    Summary sheet

    Release date
    10 December 2014
    Status
    Reference
    Approved | 21/10/2015
    20130464
    Project name
    Promoter - financial intermediary
    CCCFL II - HENAN GUSHI BIOMASS
    The borrower is the People's Republic of China, represented by the Ministry of Finance, who will on-lend to a privately owned project company.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 64 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project is an allocation under the China Climate Change Framework Loan II, and consists of the financing of a biomass CHP unit (25 MWe – 45 MWth) in the city of Gushi (Henan province, China). The plant will run on biomass sourced regionally (crop stalks). The electricity will be fed into the national grid and the generated heat will be supplied to a heat/steam network currently under development.

    The project will generate heat and electricity from locally sourced, sustainable agricultural biomass residue, replacing inefficient and polluting coal-fired boilers in an urban environment (when the project is completed, existing small and inefficient coal steam boilers will be decommissioned), with a mainly positive environmental and social impact.

    Environmental aspects
    Procurement

    The project will have a positive impact on the environment by reducing the need for fossil fuels for energy and heating and thus indirectly reducing pollution (mainly airborne pollution including CO2) in an urban environment. An environmental impact assessment (EIA) has been performed for the project. The Bank will review the EIA process and documentation during appraisal and ensure adherence to its environmental and social standards.

    The Bank will require that the implementation of the project will be done in accordance with the Bank's Guide to Procurement. The Bank will monitor the procurement process to ensure compliance with our Guide.

    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

    Environmental and Social Impact Assessment (ESIA) - CCCFL II HENAN GUSHI BIOMASS - EIA
    Publication Date
    5 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    61334450
    Document Focus
    Environmental Information
    Project Number
    20130464
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - CCCFL II - HENAN GUSHI BIOMASS
    Publication Date
    1 Dec 2015
    Document language
    Main Topic
    Lending
    Document Number
    63316779
    Document Focus
    Environmental Information
    Project Number
    20130464
    Sector(s)
    Countries
    Publicly available
    Download now

    General enquiries and comments

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    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.
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