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    Signature(s)

    Amount
    € 45,000,000
    Countries
    Sector(s)
    Palestine* : € 45,000,000
    Energy : € 45,000,000
    Signature date(s)
    13/12/2005 : € 45,000,000
    Link to source

    Summary sheet

    Release date
    7 December 2005
    Status
    Reference
    Signed | 13/12/2005
    20050462
    Project name
    Promoter - financial intermediary
    Electricity Network Upgrading
    Palestinian Energy and Natural Resources Authority
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 45 million.
    EUR 98 million.
    Location
    Sector(s)
    Description
    Objectives

    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.

    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.

    Environmental aspects
    Procurement

    The project is expected to comply with both national standards and international recommendations in the field of environment.

    International procurement, in line with EIB guidelines.

    Comments

    Electricity.

    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).

    News & Stories

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