Signature(s)
Amount
€ 85,000,000
Countries
Sector(s)
South Africa
: € 85,000,000
Water, sewerage
: € 85,000,000
Signature date(s)
22/12/2005 : € 85,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
18 October 2005
Status
Reference
Signed | 22/12/2005
20040468
Project name
Promoter - financial intermediary
Vaal Water Pipeline Project
Republic of South Africa, Department of Water Affairs and Forestry (DWAF) and Trans-Caledon Tunnel Authority (TCTA) as implementing agency.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 75 million
EUR 300 million
Location
Sector(s)
Description
Objectives
Construction of an intake in the Vaal dam reservoir and a 118 km pipeline to Secunda to supply up to 160 M m3 of water annually to Eskom and Sasol.
The project’s objective is to meet the growing water demands of ESKOM (power) and SASOL (petroleum products) and to reduce the risk of (an economically very costly) disruption in water supply to the two users.
Environmental aspects
Procurement
The project complies with the Bank’s environmental principle of minimisation of negative environmental impacts, and is deemed environmentally acceptable. An extensive public consultation process is an integral part of South Africa’s very sound environmental impact assessment procedures.
Procurement will be in accordance with National Procurement Rules as accepted by the Bank.
Link to source
Summary sheet
Other links
Data sheet