Release date: 18 June 2024
Promoter – Financial Intermediary
PKP INTERCITYLocation
Description
The project will finance new electric and bi-mode locomotives, bi-mode multiple units and passenger coaches, as well as coaches modernisation. The rolling stock will be used to provide long distance services predominantly under a Public Service Contract throughout Poland and to limited extent also in neighbouring countries.
Objectives
The aim is to increase the quality of rail services provided in the country and promote rail travel to reduce the use of private vehicles. The project will therefore benefit the local environment by reducing greenhouse gas emissions and improve road safety. The project contributes to sustainable transport in line with EU objectives and being largely located in a convergence area and by facilitating access, it also promotes regional development.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
PLN 2625 million (EUR 602 million)
Total cost (Approximate amount)
PLN 5250 million (EUR 1204 million)
Environmental aspects
The investments proposed under the Project do not fall under either Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU as manufacturing and use of rail rolling stock is not included in either list. The need for an EIA and/or assessment according to the Habitats Directive for associated facilities (e.g. maintenance workshops or depots) will be analysed during the appraisal. All else equal, the Project is expected to have a positive environmental impact by helping the railways to maintain modal share in key sections of the passenger market that are most appropriately met by rail. In addition, the arrangements for the scrapping of the replaced stock will be checked during appraisal.
Procurement
The promoter to ensure that contracts for the implementation of the Project have been tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Under appraisal - 24/04/2024
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).