Release date: 7 December 2005
Promoter – Financial Intermediary
Palestinian Energy and Natural Resources AuthorityLocation
Description
The project consists of the study, design, supply, erection, commissioning and operation of a number of schemes to improve the quality and reliability of supply, reduce technical and non-technical losses and accommodate fast growing electricity demand.
Objectives
The project is expected to result in increased system reliability, a reduction in technical and commercial losses, increased access to electricity, reduced operating and maintenance costs and increased safety for staff and consumers. By helping to meet the growth in demand and re-establish security of supply, the project will contribute to economic regeneration.
Comments
Electricity.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 45 million.
Total cost (Approximate amount)
EUR 98 million.
Environmental aspects
The project is expected to comply with both national standards and international recommendations in the field of environment.
Procurement
International procurement, in line with EIB guidelines.
Status
Signed - 13/12/2005