Release date: 1 June 2005
Promoter – Financial Intermediary
Tennet Transmission System Operator BV
Arnhem,
The Netherlands
Location
Description
Tennet will be gradually implementing from 2005 to 2012 a new 380 kV link to close a loop in the transmission grid in the western conurbation of the Netherlands.
Objectives
The project constitutes a capacity investment to suppress HV transmission system bottlenecks and meeting growing demand for transmission, and to maintain a high level of quality and security of supply.
Comments
Electricity transmission.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million.
Total cost (Approximate amount)
Promoter’s estimates vary from EUR 220 million to EUR 415 million subject to final project layout.
Environmental aspects
The project falls under Annex I of Directive 97/11/EC and thus shall require an EIA. The environmental permitting and consultation process, as well as the procedures to obtain rights-of-way and building permits and the studies that are performed for that purpose shall be verified during appraisal to ensure that the environmental impact assessment procedures are acceptable to the Bank. Confirmation will be required from the competent authority regarding the impact of the project on any sites of nature conservation.
Procurement
The promoter will ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18 or 2004/17/EEC) with parallel publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 19/10/2005
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).