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Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Guinea : € 300,000,000
Energy : € 300,000,000
Signature date(s)
27/11/2018 : € 130,000,000
4/03/2021 : € 170,000,000

Summary sheet

Release date
7 November 2017
Status
Reference
Signed | 27/11/2018
20160638
Project name
Promoter - financial intermediary
INTERCONNEXION ELECTRIQUE 225 KV GUINEE-MALI
ELECTRICITE DE GUINEE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 300 million
EUR 612 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

Implementation of 225 kV power lines interconnecting Mali (substation of Sanankoroba) with the OMVG interconnector (substation of Linsan, Middle Guinea) as well as the CLSG interconnector (substation of N'Zérékoré, Forested Guinea). The project also includes several substations and the associated distribution network supporting rural electrification along the line route.

The main purpose of the project is to support the development of hydropower potential of Guinea while fostering regional electricity trade to Mali as well as to enable the electrification of Forested Guinea and Upper Guinea.

Environmental aspects
Procurement

If located in the EU, the project would fall under Annex I of the EU EIA Directive, requiring an Environmental Impact Assessment. In accordance with the national related regulations in Guinea and Mali as well as with the environmental and social standards of the African Development Bank, World Bank and IFC, Environmental and Social Impact Assessments (ESIA) have been carried out in 2015 in both countries for the 225 kV sections Sanankoroba – Fomi and Fomi – N'Zérékoré. Associated Environmental and Social Management Plans (ESMP) and Resettlement Action Plans (RAP) were also been prepared within that context. The impacts that can be typically expected from the proposed project relate to visual impact, vegetation clearance, impacts on flying vertebrate, electromagnetic fields, noise nuisance, disturbance during construction as well as land acquisition and resettlement. The comprehensiveness of the ESIA processes, studies and management plans undertaken for the project and the associated infrastructure will be assessed in detail during appraisal against EIB Environmental and Social standards.

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Under Global Europe NDICI guarantee

The proposed operation is expected be covered by the comprehensive guarantee granted to the EIB under the Dedicated Investment

Link to source

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 Impact Assessment (ESIA) - INTERCONNEXION ELECTRIQUE 225 KV GUINEE-MALI - Etude d'Impact Environnemental et Social - Section malienne
Publication Date
8 Sep 2018
Document language
Main Topic
Lending
Document Number
86759972
Document Focus
Environmental Information
Project Number
20160638
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - INTERCONNEXION ELECTRIQUE 225 KV GUINEE-MALI - Etude d'Impact Environnemental et Social - Section guinéenne
Publication Date
8 Sep 2018
Document language
Main Topic
Lending
Document Number
86761891
Document Focus
Environmental Information
Project Number
20160638
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - INTERCONNEXION ELECTRIQUE 225 KV GUINEE-MALI
Publication Date
13 Nov 2018
Document language
Main Topic
Lending
Document Number
84967718
Document Focus
Environmental Information
Project Number
20160638
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - INTERCONNEXION ELECTRIQUE 225 KV GUINEE-MALI - Étude d’Impact Environnemental et Social (EIES) - Linsan-Fomi
Publication Date
4 Dec 2020
Document language
Main Topic
Lending
Document Number
135397240
Document Focus
Environmental Information
Project Number
20160638
Sector(s)
Countries
Publicly available
Download now

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