Summary sheet
Release date
17 August 2009
Status
Reference
Under appraisal | 17/08/2009
20090326
Project name
Promoter - financial intermediary
China Climate Change Framework Loan - Hubei small hydropower projects
Ministry of Finance.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 44 million.
EUR 71 million.
Description
Objectives
This project is a proposed loan allocation under the CCCFL and concerns the design, construction and operation of 10 small scale hydro power plants, with a total capacity of 62 MW. The plants are located in the Yichang prefecture (Hubei province).
The project supports EU and Bank policy objectives with regard to combating climate change and promoting renewable energy generation, contributing to environmental sustainability.
Environmental aspects
Procurement
If located in the EU, one scheme would fall under the Annex I of the EIA Directive, all other schemes would fall under Annex II. ESIAs have been carried out, including public consultations.
Procurement will be undertaken in accordance with the Bank’s Procurement Guidelines.
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