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Signature(s)

Amount
€ 30,600,000
Countries
Sector(s)
Madagascar : € 30,600,000
Energy : € 30,600,000
Signature date(s)
8/12/2017 : € 30,600,000
Link to source

Summary sheet

Release date
30 August 2017
Status
Reference
Signed | 08/12/2017
20140378
Project name
Promoter - financial intermediary
JIRAMA ANDEKALEKA HYDRO EXPANSION
PUBLIC ENTITY(IES), JIRO SY RANO MALAGASY SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 31 million
EUR 82 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project consists of the expansion of an existing hydropower station (Andekaleka) by two further turbines (unit size 33 MW), including associated equipment and an upstream sand trap. The operation will also reinforce existing substations and networks, associated transformers, switchgear, cables and various auxiliary and control equipment to enable evacuation of the additional power to the main network.

The purpose of the project is to increase the country's power generating capacity from indigenous renewable energy sources, so as to lower the dependence on imported fuels and decrease the cost of electricity generation generally.

Environmental aspects
Procurement

If located within the EU, the expansion of a hydropower plant and the substations would fall under Annex II of the EU EIA Directive. According to national environmental legislation, the capacity expansion of the project falls below the national threshold (150 MW) above which an Environmental Impact Assessment (EIA) would be mandatory; thus the authorities have not requested an EIA. The works will be within existing infrastructure; therefore the residual environmental impacts will be less significant. The main temporary impact is expected during construction. The project site is isolated with no immediate neighbours. Any possible negative social impact is thus expected to be negligible. According to the promoter there is no nature conservation site in the vicinity that could be affected.

Being a public entity the promoter will have to procure works, services and supplies in compliance with the provisions of the Bank's Guide to Procurement. The promoter agreed to comply with these guidelines when tendering the contracts proposed for financing by the Bank. A contract notice for the works and supplies of the second turbine was published in the Official Journal of the European Union.

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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) - JIRAMA ANDEKALEKA HYDRO EXPANSION
Publication Date
7 Oct 2017
Document language
Main Topic
Lending
Document Number
60949483
Document Focus
Environmental Information
Project Number
20140378
Sector(s)
Countries
Publicly available
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