Release date: 18 September 2013
Promoter – Financial Intermediary
ZESCO LtdLocation
Description
The transmission component consists of the construction/upgrading of 100 km transmission lines on 132 kV voltage and of seven 132-330 kV transmission substations. The distribution component comprises the upgrading of the 11-33 kV distribution system with nine 11-33 kV distribution substations and some 200 km of distribution lines and underground cables.
Objectives
The purpose of the project is to reinforce and upgrade the power transmission and distribution infrastructure in the Lusaka area. The proposed investment programme will help remove bottlenecks from the current aged power network, thus reducing equipment failure and electricity losses. The project will increase the reliability and quality of domestic power transmission and distribution service in the Lusaka area.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 78 million
Total cost (Approximate amount)
EUR 189 million
Environmental aspects
132 kV transmission lines of this program would fall under definition of EIA directive 2011/92/EU Annex 2 (if situated within EU), and would require the competent Environmental Agency to screen and decide the necessity of ESIAs. The promoter has prepared the ESIA for these 132 kV works. Other works of the project (11 and 33 kV distribution) are not expected to require ESIAs.
Procurement
The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank’s Guide to Procurement.
The procurement packages are envisaged to be defined considering parallel co-financing with World Bank.
Status
Signed - 16/01/2015