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    Reference: 20160638
    Release date: 7 November 2017

    Promoter – Financial Intermediary

    PUBLIC ENTITY(IES)

    Location

    Description

    Implementation of 225 kV power lines interconnecting Mali (substation of Sanankoroba) with the OMVG interconnector (substation of Linsan, Middle Guinea) as well as the CLSG interconnector (substation of N'Zérékoré, Forested Guinea). The project also includes several substations and the associated distribution network supporting rural electrification along the line route.

    Objectives

    The main purpose of the project is to support the development of hydropower potential of Guinea while fostering regional electricity trade to Mali as well as to enable the electrification of Forested Guinea and Upper Guinea.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    EUR 300 million

    Total cost (Approximate amount)

    EUR 612 million

    Environmental aspects

    If located in the EU, the project would fall under Annex I of the EU EIA Directive, requiring an Environmental Impact Assessment. In accordance with the national related regulations in Guinea and Mali as well as with the environmental and social standards of the African Development Bank, World Bank and IFC, Environmental and Social Impact Assessments (ESIA) have been carried out in 2015 in both countries for the 225 kV sections Sanankoroba – Fomi and Fomi – N'Zérékoré. Associated Environmental and Social Management Plans (ESMP) and Resettlement Action Plans (RAP) were also been prepared within that context. The impacts that can be typically expected from the proposed project relate to visual impact, vegetation clearance, impacts on flying vertebrate, electromagnetic fields, noise nuisance, disturbance during construction as well as land acquisition and resettlement. The comprehensiveness of the ESIA processes, studies and management plans undertaken for the project and the associated infrastructure will be assessed in detail during appraisal against EIB Environmental and Social standards.

    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.

    Status

    Signed - 27/11/2018

    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

    Guinea Energy