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    Reference: 20140563
    Release date: 6 February 2017

    Promoter – Financial Intermediary

    ADMINISTRACION NACIONAL DE ELECTRICIDAD

    Location

    Description

    The project is an investment programme which aims to enhance Paraguay's electricity distribution and transmission system in different areas of the country.

    Objectives

    The programme will improve the safety and reliability of electricity supply to the population of the concerned areas and also adapt the network to the growing demand.

    Sector(s)

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

    Under ELM Guarantee

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

    Proposed EIB finance (Approximate amount)

    USD 94 million (EUR 89 million)

    Total cost (Approximate amount)

    USD 195 million (EUR 184 million)

    Environmental aspects

    If located in the EU, some programme components would fall under Annex II of the Environmental Impact Assessment (EIA) Directive requiring the competent authority to determine the need for a full environmental impact assessment. The vast majority of the programme components relate to medium or low voltage extensions and reinforcements, works in existing substations, underground high voltage lines and refurbishment, that are expected to have a limited environmental impact. Based on preliminary information and considering the technical characteristics of the programme, none of the programme components are expected to require a full EIA. The main impact that can typically be expected from the proposed activities relate to visual impact, vegetation clearance, impact on flying vertebrates, electromagnetic fields, noise nuisance and disturbance during construction. Environmental & social (E&S) aspects will be reviewed during appraisal to ensure alignment with Bank's E&S requirements.

    Procurement

    The Bank will require the promoter to ensure that implementation of the project is done in accordance with the Bank's Guide to Procurement.

    Status

    Signed - 11/12/2017

    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