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    Reference: 20190013
    Release date: 26 August 2019

    Promoter – Financial Intermediary




    The project consists of investment schemes in the electricity distribution network in the Czech Republic over the period 2019-2020. It encompasses reinforcements and refurbishments in high, medium and low voltage networks, targeting at maintaining the quality of supply and connecting new users. The programme also includes components for network automation.


    The project will allow the promoter to maintain the reliability and quality of electricity supply, to cater for new system users, to connect renewable energy and to improve the overall operational efficiency of the distribution system.


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

    Proposed EIB finance (Approximate amount)

    EUR 330 million

    Total cost (Approximate amount)

    EUR 686 million

    Environmental aspects

    The programme schemes are expected to have limited environmental consequences. Environmental impact studies will be carried out as applicable and mitigating and/or compensation measures will be applied as necessary.


    The EIB will require the Promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/25/EU where applicable), as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.


    Signed - 16/12/2019


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Czech Republic Energy