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Signature(s)

Amount
€ 63,000,000
Countries
Sector(s)
Slovenia : € 63,000,000
Energy : € 63,000,000
Signature date(s)
19/08/2010 : € 63,000,000
Link to source

Summary sheet

Release date
29 October 2009
Status
Reference
Signed | 19/08/2010
20090453
Project name
Promoter - financial intermediary
ELES Transmission Network
Elektro-Slovenija d.o.o. (ELES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 63 million
EUR 143.60 million
Location
Sector(s)
Description
Objectives

Project aimed at reinforcing the Slovenian electricity transmission network and improving the operation of the interconnection to Italy consisting of following four project schemes:

  • 400 kV double circuit line Bericevo-Krsko (length 80 km,1330 MVA/circuit);
  • Phase shifting transformer (PST) of Divaca (400/400 kV, 1200 MVA);
  • Extension of the Krsko substation 400/110 kV (300 MVA transformer and corresponding 400-110 kV bays);
  • Reconstruction of the 110kV switchyard (17x110 kV GIS bays), installation of two 110/20 kV transformers (31.5 MVA) and construction of a new 20 kV distribution switchyard (21 cells) in the substation of Brestanica.

Loan to support four project schemes in Slovenia intended to improve the reliability of electricity supply, extend the transformation capacity to the distribution system, reduce the network losses and increase the Net Transmission Capacity (NTC) to Italy.

Environmental aspects
Procurement

A formal EIA is required in compliance with the EU EIA Directive 85/337/EEC. Compliance with the EIA Directive 2003/35/EC, biodiversity assessment requirements and status of environmental studies, consultations and authorisations will be reviewed during appraisal.

Being a state-owned company that provides a public service in an EU member state, the Promoter is expected to implement public procurement procedures in line with the requirements of the EU Directive 2004/17/EC. The details of the procurement procedures followed for the project schemes and their compliance with the EU Directive on public procurement will be investigated during appraisal.

Link to source

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).

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Alternatively, the EIB can be contacted through its external offices.
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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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