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The project consists of a multi component investment programme covering the period 2024-2029, that includes several electricity transmission schemes, from 60 kV to 400 kV, geographically dispersed throughout the country.
The aim is to reinforce and extend the country's electricity infrastructure (transmission lines and substations) by reducing losses, enhancing reliability and meeting new electricity demand. Additionally, the programme includes the integration of new renewable electricity generation capacity that will ensure a more sustainable and efficient power system.
The envisaged sub-projects (new transmission lines and substations from 60 kV to 400 kV) are expected to require a full Environmental and Social Impact Assessment (ESIA) study in accordance with national law. The exact requirements and status of the permitting procedures will also be further assessed during the appraisal. The promoter shall comply with EIB's Environmental and Social standards.
The promoter has to ensure that the project implementation will be done in accordance with the EIB's Guide to Procurement.
Under EFSD+ Guarantee