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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Morocco : € 150,000,000
    Energy : € 150,000,000
    Signature date(s)
    27/12/2007 : € 150,000,000

    Summary sheet

    Release date
    13 June 2007
    Status
    Reference
    Signed | 27/12/2007
    20070082
    Project name
    Promoter - financial intermediary
    One-Projets Hydroélectriques II
    Office National de l’Electricité.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million.
    EUR 335 million.
    Location
    Sector(s)
    Description
    Objectives

    Creation and extension of hydropower schemes (in particular: construction of a pumped storage power station in Abdelmoumen; extension of the Afourer pumped storage power station; construction of a hydropower plant at Tillouguit) plus the installation of remote management systems at existing hydropower plants.

    To optimise the operation of ONE’s power generation plant and reduce production costs by storing power generated at off-peak times in order to meet the requirements of a heavy load curve at peak times.

    Environmental aspects
    Procurement

    The hydropower schemes under the project would fall under Annex II of the Environmental Impact Assessment Directive 85/337/EEC as amended by Directives 97/11/EC and 2003/35/EC if located within the EU. This would leave it to the competent national authority to determine the requirement for an EIA based on the screening criteria specified in Annex III of the same directive.

    According to national legislation for such a project, the environmental authorities require the promoter to prepare an environmental impact assessment (EIA), including an environmental action plan. The high voltage power lines connecting the schemes to the grid will probably also be subjected to an EIA. Studies will be carried out during appraisal to verify that the project is in line with EU environmental and social procedures, subject to local conditions and law.

    By virtue of substituting for alternative fossil fuel-fired generation and thereby contributing to a reduction in greenhouse gases, the hydropower project may be eligible for registration under the Kyoto Protocol.

    The Bank will ensure that the promoter implements the project in accordance with the EIB’s Guide to Procurement.

    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).

    Documents

    Environmental and Social Impact Assessment (ESIA) - One-Projets Hydroélectriques II - Project de Station-transfert d'energie par pompage d'Abdelmoumen
    Publication Date
    7 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    63114703
    Document Focus
    Environmental Information
    Project Number
    20070082
    Sector(s)
    Countries
    Publicly available
    Download now

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