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    Summary sheet

    Release date
    14 July 2021
    Status
    Reference
    Under appraisal | 12/05/2021
    20210365
    Project name
    Promoter - financial intermediary
    VILNIUS URBAN ELECTRIC MOBILITY
    UAB VILNIAUS VIESASIS TRANSPORTAS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 32 million
    EUR 65 million
    Location
    Sector(s)
    Description
    Objectives

    Transport fleet renewal (including e-buses and trolleybuses, plus upgrades to the trolleybuses catenary).

    The objective of the project is to improve urban transport in the City of Vilnius. The project scope includes the purchase of the electric buses and trolleybuses and the modernisation of some elements of the trolleybus catenary included in the two-year period (2022-2023) of the Vilnius City Public Vehicle Renewal Plan. The project will improve the public transport networks for the benefit of both the city and users. The operation is Paris-aligned and supports the Bank's Transport Lending Policy by promoting sustainable transport involving less polluting transport modes.

    Environmental aspects
    Procurement

    Manufacturing trolleybuses and buses does not fall within the scope of the EIA Directive 2011/92/EU; therefore no environmental impact assessment (EIA) is required for those components. During appraisal, the Bank will review the measures to be taken by the Promoter in the decommissioning of old trolleybuses and buses. Given that the project is located in an urban environment, and also due to the nature of the scope, no major environmental issues are foreseen during project implementation. In the long term, positive environmental impacts are expected mainly due to lower greenhouse gas (GHG) emissions compared to the current scenario, with diesel buses being replaced by electric buses.

    The EIB will require the Promoter to ensure that contracts for the implementation of the programme have been and will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/EU as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    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).

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