Release date: 3 July 2006
Promoter – Financial Intermediary
Namibia Power Corporation (Pty) Ltd (NamPower)Location
Description
Construction of a 400 MWe, 1250 km transmission connection for reinforcing the electricity transmission interconnection between Zambia, Namibia and South Africa.
Objectives
Export of hydro electricity, support of a competitive regional power market and improved security of supply.
Comments
Electricity
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 90 million.
Total cost (Approximate amount)
Approx. EUR 365 million.
Environmental aspects
The project will comply with both national standards and international recommendations in the field of environment and the protection of nature conservation sites.
Procurement
The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank's Guide to Procurement.
Status
Signed - 19/12/2008
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).