Release date: 19 December 2002
Promoter – Financial Intermediary
BCIE (Banco Centroamericano de Integracion Economica)Location
Description
The main components are a 1,830 km circuit overhead transmission line with fibre optic cable and the extension of 16 existing substations, including reactive compensation equipment.
Objectives
The project aims at integrating the high-voltage power transmission systems of the six participating countries in Central America (Panama, Costa Rica, Nicaragua, Honduras, El Salvador and Guatemala), with the objective to form a regional electricity market and to provide mutual support in order to promote the least cost development of power generation in the region.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 35.6 million
Total cost (Approximate amount)
EUR 390.7 million
Environmental aspects
The project will be designed to comply with the environmental regulations of the countries concerned.
Procurement
The components financed by the Bank will follow open procurement procedures with publication in the Official Journal of the European Communities.
Status
Signed - 13/05/2003
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).