Summary sheet
2015-2019 investments in electricity and gas distribution networks and in public lighting installations
The main purpose of the project is to upgrade obsolete hardware, to build or upgrade substations, to improve the safety and reliability of electricity and gas supplies, to maintain the quality standards required by the national regulator AEEGSI and to enable the connections of new system users. The project might also comprise the installation of smart meters in gas.
The project will concern the implementation of medium and low-voltage schemes in electricity and gas distribution schemes, some of which will fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU) which requires the competent national authority to determine the need for an EIA. The project schemes are expected to have minimal environmental impact. The appraisal will include an update of the promoters’ environmental capacity and works procedure. It will be clarified whether any of the project schemes requires an EIA during the appraisal.
The promoters are well known to the Bank and procurement procedures are expected to be in accordance with Directive 2004/17/EC.