ELECTRICITY DISTRIBUTION BIH

Promoter – Financial Intermediary

ELEKTROPRIVREDA REPUBLIKE SRPSKE AD JP ELEKTROPRIVREDA BOSNE I HERCEGOVINE DD - SARAJEVO JP ELEKTROPRIVREDA HRVATSKE ZAJEDNICE HERCEG-BOSNE DD

Location

• Bosnia and Herzegovina

Description

The project comprises investment schemes in the electricity distribution network in Bosnia and Herzegovina to be implemented between 2012-2016.

Objectives

The project is intended to maintain, modernise and extend the electricity distribution network in Bosnia and Herzegovina. Its purpose is to secure a more stable and reliable supply, to improve the overall service quality, to cater for demand growth and to decrease losses.

Comments

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Sector(s)

• Energy - Electricity, gas, steam and air conditioning supply

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 35 million

Total cost (Approximate amount)

EUR 125 million

Environmental aspects

The EIA Directive 2011/92/EU has been transposed in BIH and EIA processes are already established. The investment schemes come under Annex II of the EIA Directive thus implying a review by the competent authorities. The schemes relate to medium and low voltage reinforcement and expansions, they are expected to have minimal environmental impacts and it is unlikely that they will require an EIA. The Bank's financing will be limited to components that do not necessitate an environmental impact assessment.

Procurement

The Promoters are public undertakings and will organise tendering in line with open or restricted procedures, both of which should include a publication in the OJEU.

Status

Signed - 5/06/2014