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    Signature(s)

    Amount
    € 136,000,000
    Countries
    Sector(s)
    Ukraine : € 136,000,000
    Energy : € 136,000,000
    Signature date(s)
    24/05/2018 : € 136,000,000

    Summary sheet

    Release date
    14 July 2017
    Status
    Reference
    Signed | 24/05/2018
    20170155
    Project name
    Promoter - financial intermediary
    SUBSTATIONS RELIABILITY ENHANCEMENT PROGRAMME
    National Power Company Ukrenergo
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 136 million
    EUR 336 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    A project to refurbish the existing electrical substations in Ukraine in order to increase energy efficiency, through shifting the substations in remote control mode and replacing energy-intensive equipment.

    The main purpose of the project is to increase the reliability of electricity transmission, improve the efficiency of the operation of the transmission network and reduce the operational and maintenance costs of the substations of the Transmission System Operator. All this will help improve electricity supply for consumers. Additionally, the automatisation of control processes at the substations will facilitate the parallel and synchronous operation of Ukraine's electricity system with the European Network of Transmission System Operators (ENTSO-E).

    Environmental aspects
    Procurement

    Environmental and Social due diligence, in form and substance satisfactory to the Bank, will have to be carried out in parallel with the feasibility studies.

    The Bank will require the Promoter to ensure that any procurement procedures are done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

    Under ELM Guarantee

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    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 Data Sheet (ESDS) - SUBSTATIONS RELIABILITY ENHANCEMENT PROGRAMME
    Publication Date
    29 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    76673096
    Document Focus
    Environmental Information
    Project Number
    20170155
    Sector(s)
    Countries
    Publicly available
    Download now

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