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    Reference: 20230626
    Release date: 15 December 2023

    Promoter – Financial Intermediary

    PGE ENERGETYKA KOLEJOWA SA

    Location

    Description

    The project aims to build and modernise train power stations and control rooms. This includes creating power lines and the needed infrastructure to provide electricity for the railway network in Poland.

    Objectives

    The project is expected to provide the power for electrified lines and to increase the capacity (additional power) and reliability of the rail traction energy supply installations. Indirectly the project is expected to increase the quality of rail services provided in Poland as well as promote travel by rail and should, thereby, enhance sustainable transport in line with EU objectives. The project will be located in Poland, the majority of investments in less developed regions, with the exception of investments in the Warszawski stoleczny region, and is, therefore, eligible under Article 309 of the Treaty on the Functioning of the European Union (TFEU), point (a) projects for developing less-developed regions. Investments are located along the railway lines throughout Poland which in most cases form part of a comprehensive or core TEN-T railway network.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    PLN 1000 million (EUR 232 million)

    Total cost (Approximate amount)

    PLN 2103 million (EUR 487 million)

    Environmental aspects

    The investment programme comprises several schemes with voltage up to 110 kV. Some of these schemes may fall under Annex II of the EIA Directive 2011/92/EU, as amended by Directive 2014/52/EU, which requires the competent national authority to determine the need for an EIA. The environmental and social due diligence will focus on the Promoter's conformity to implement the programme in line with the EIB environmental and social standards and requirements. The Project's potential impacts on protected areas and species, in accordance with the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC), are to be appraised further. Furthermore, the adaptation of the Project to the climate change and the project's effect on GHG emissions will be assessed.

    Procurement

    The Promoter is a DSO operating in Poland and, therefore, procurement for the implementation of the programme has to be carried out in accordance with the relevant applicable national public procurement legislation, in line with Directive 2014/25/EU (Utilities Directive).

    Status

    Approved - 24/04/2024

    Milestone
    Under appraisal
    Approved
    24 April 2024

    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).

    Related tags

    Poland Transport