Reference: 20170881
Release date: 11 September 2018

Promoter – Financial Intermediary

SE SAFETY IMPROVEMENT

Location

Description

The project consists of an investment programme to reinforce the safety of existing units of the Mochovce 1,2 and Bohunice V2 nuclear power plants in Slovakia.

Objectives

The project will contribute to improvements in security, safety and reliability of low carbon electricity supply.

Sector(s)

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

Proposed EIB finance (Approximate amount)

EUR 60 million

Total cost (Approximate amount)

EUR 153 million

Environmental aspects

Based on their technical characteristics none of the programme components will require an Environmental Impact Assessment. The implementation will take place at the existing nuclear operational sites. The works are mostly related to replacement or refurbishment of existing equipment. The project activities are expected to have minimal environmental impact. The typically negative impacts are mainly temporary, relate to construction and installation works and can be well managed by appropriate measures taken during project implementation. The investments are expected to enhance nuclear and industrial safety and will introduce improvements in the areas of fire protection, occupational health and safety, radiation protection and environmental protection.

Procurement

For procurement of goods, services and construction works related to the power generation the promoter follows public procurement procedures. The Bank will confirm that the procurement procedures implemented by the promoter ensure an appropriate selection of works, goods and services offered at competitive prices and in a timely manner.

Status

Signed - 10/12/2018

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

Slovakia Energy