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DEIR ALI POWER PLANT

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Syrian Arab Republic : € 200,000,000
Energy : € 200,000,000
Signature date(s)
1/11/2004 : € 200,000,000
Link to source
Data sheet
DEIR ALI POWER PLANT
Other links
Summary sheet
Deir Ali Power Plant
Related press
EUR 200 million loan for clean energy production in Syria

Summary sheet

Release date
30 July 2004
Status
Reference
Signed | 01/11/2004
20030566
Project name
Promoter - financial intermediary
Deir Ali Power Plant
Public Establishment of Electricity for Generation and Transmission (PEEGT).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million.
Estimated at some EUR 415 million.
Location
Sector(s)
Description
Objectives

Construction and operation of a dual-fired greenfield power generating plant, which consists of a base load Combined Cycle Gas Turbine (CCGT) unit of 750 MWe some 25 km south of Damascus.

The project aims at the cost-effective supply of electricity, both in terms of a growing demand and re-establishing security of supply. In addition, the combined cycle gas turbine technology will contribute to lowering emisions of greenhouse gases and air polluants per unit of electricity generated.

Environmental aspects
Procurement

An Environmental Impact Assessment (EIA) is currently being prepared for the project. The project is expected to comply with both national standards and international recommendations in the field of environment. Due to its technology, the project is expected to provide electricity with low environmental impact.

International procurement, in line with EIB guidelines.

Link to source
Summary sheet
Deir Ali Power Plant
Other links
Data sheet
DEIR ALI POWER PLANT
Related press
EUR 200 million loan for clean energy production in Syria

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).

News & Stories

Link to source
Related press
EUR 200 million loan for clean energy production in Syria
Other links
Data sheet
DEIR ALI POWER PLANT
Summary sheet
Deir Ali Power Plant

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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