Reference: 20180342
Release date: 23 January 2019

Promoter – Financial Intermediary

SOCIETE NIGERIENNE D'ELECTRICITE

Location

Description

The project consists of a multi-component investment programme in Niger over the period 2019-2023.

Objectives

The purpose is to reinforce the national electricity transmission and distribution network for 100,000 low-income households, both in rural areas, where access is currently less than 1%, and in urban areas, which experience poor and unreliable power supply. This project meets Goal 7 of the Sustainable Development Goals aiming at ensuring access for all to reliable and modern energy services at an affordable cost by 2030.

Sector(s)

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

Proposed EIB finance (Approximate amount)

EUR 79 million

Total cost (Approximate amount)

EUR 140 million

Environmental aspects

Environmental and social impact assessment studies have been prepared for the project; mitigating measures and compensations will be implemented as necessary.

Procurement

Being a public entity the promoter will have to procure works, services and supplies in compliance with the provisions of the EIB's Guide to Procurement.

Status

Signed - 11/12/2019

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

Niger Regional - West Africa Energy