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    Reference: 20110275
    Release date: 17 January 2012

    Promoter – Financial Intermediary

    ADMINISTRACION NACIONAL DE ELECTRICIDAD

    Location

    Description

    The project concerns the construction of a 500kV high voltage transmission line between Villa Hayes and Yacyretá with an approximate length of 300km.

    Objectives

    The purpose of the project is to reinforce and upgrade the power transfer capability of Paraguay’s transmission network and its interconnection with neighboring countries. The project will help meet the growing electricity demand by supplying electricity from a renewable energy source, thus supporting the EU priority target of climate change mitigation.

    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

    Proposed EIB finance (Approximate amount)

    EUR 75 million

    Total cost (Approximate amount)

    EUR 223 million

    Environmental aspects

    The guidelines of the international finance institutions involved and the national legislation require for this project an environmental and social assessment (ESIA). A consultant is currently preparing the first phase of this assessment defining line sections where resettlement would be needed. The ESIA process and its results will be reviewed, as well as the promoter’s capacity to implement and monitor the required impact mitigation measures in line with the Bank’s guidelines.

    Procurement

    The procurement of the section to be financed by the Bank will be carried out in line with the requirements of the Bank’s Guide to Procurement.The rest of the contracts are expected be tendered internationally, in line with the rules of the IADB .The project’s procurement policy and strategy will be appraised.

    Status

    Signed - 11/12/2013

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Paraguay Energy