Release date: 12 September 2006
Promoter – Financial Intermediary
ESKOM Holdings
Mr Antonie Mammes
Corporate Specialist: Transmission Finance & Business Services
Tel +27 11 800 4273
Location
Description
Construction of a 765 kV, 1 500 km transmission connection from Johannesburg to Cape Town.
Objectives
The project will provide infrastructure to meet growing electricity demand, reduce technical and commercial losses in the network, and improve the reliability and quality of electricity supply.
Comments
Electricity supply
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million.
Total cost (Approximate amount)
EUR 660 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
Procurement will be in accordance with the Bank´s Guide to Procurement.
Status
Signed - 27/12/2006
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).