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    Signature(s)

    Amount
    € 89,493,466.98
    Countries
    Sector(s)
    Dominican Republic : € 89,493,466.98
    Energy : € 89,493,466.98
    Signature date(s)
    1/06/2016 : € 89,493,466.98

    Summary sheet

    Release date
    6 November 2014
    Status
    Reference
    Signed | 01/06/2016
    20130686
    Project name
    Promoter - financial intermediary
    CDEEE LOSS REDUCTION PROJECT
    CORPORACION DOMINICANA DE EMPRESAS ELECTRICAS ESTATALES
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 150 million
    Location
    Sector(s)
    Description
    Objectives

    Implementation of a loss-reduction programme in the electricity distribution system and improvement in the quality of energy supply to the end consumers.

    The project aims at improving the availability of power supply, which is crucial for the social and economic development of the country. The project will consist of the rehabilitation of distribution grids, the regularisation of illegal connections and the installation of remote meter-reading equipment. There will also be an information campaign towards the communities to explain the consequences of theft of electricity and how to make payment of bills easier, and to raise awareness on the benefits of energy efficiency and basic safety precautions regarding the use of electricity.

    Environmental aspects
    Procurement

    The project involves the rehabilitation of medium voltage and low voltage electricity networks, whose negative environmental impacts are expected to be modest, in most cases limited to disturbance during construction.

    The Bank will require that the procurement of equipment, works and services for the implementation of the project will be done in accordance with the Bank’s Guide to Procurement.

    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) - CDEEE LOSS REDUCTION PROJECT
    Publication Date
    29 May 2015
    Document language
    Main Topic
    Lending
    Document Number
    59382162
    Document Focus
    Environmental Information
    Project Number
    20130686
    Sector(s)
    Countries
    Publicly available
    Download now

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    Alternatively, the EIB can be contacted through its external offices.
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