Release date: 10 May 2019
Promoter – Financial Intermediary
PUBLIC ENTITY(IES)Location
Description
The project consists of an allocation under the Structural Programme Loan (SPL) Romania EU CO-Financing for Environment 2014-20 (2015-0548) aiming to achieve compliance with the EU Drinking Water and Urban Wastewater Treatment Directives in the County of Galati.
Objectives
The project is focused on fulfilling the compliance requirements for water and wastewater (Urban Waste Water Treatment Directive 91/271/EEC and the Drinking Water Directive 98/83/EC), of agglomerations with more than 2 000 PE (Population Equivalent) for wastewater collection and treatment, and localities with more than 50 inhabitants for water supply. In this respect, the proposed investments envisage extending the service coverage for drinking water supply and wastewater collection and treatment, as well as addressing the deficiencies of the existing systems.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 17 million
Total cost (Approximate amount)
EUR 151 million
Environmental aspects
All the project components were screened according to the Annex II of the Environmental Impact Assessment (EIA) Directive. For four components (Galati, Beresti, Tecuci and Movileni) a full EIA was required and the Environmental Permits were issued.
Procurement
The Bank will require the promoter (Regional Operating Company) to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/25/EU, as well as Directives 92/13/EEC and 89/665/EEC) as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union (OJEU), as and where required.
Status
Approved - 21/06/2019
Disclaimer
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).