Release date: 6 February 2017
Promoter – Financial Intermediary
ADMINISTRACION NACIONAL DE ELECTRICIDADLocation
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).