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    Signature(s)

    Amount
    € 194,000,000
    Countries
    Sector(s)
    Tunisia : € 194,000,000
    Energy : € 194,000,000
    Signature date(s)
    11/12/2010 : € 194,000,000
    Link to source

    Summary sheet

    Release date
    29 April 2010
    Status
    Reference
    Signed | 11/12/2010
    20090293
    Project name
    Promoter - financial intermediary
    STEG - Sousse Power Plant

    Société Tunisienne de l’Electricité et du Gaz (STEG)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 194 million from the Bank's own resources under the ENP/MED Mandate (2007-2013).
    Approximately EUR 388 million.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the construction of a single-shaft combined-cycle power plant with a capacity of around 400 MW in Sousse.

    The primary objectives of the Sousse power plant are:

    1. to upgrade electricity generating capacity in order to meet growing demand, ensure the network's balance and support the country's economic development;
    2. to deploy combined-cycle technology (gas turbine with steam cycle) to increase the thermal efficiency of the system by improving the output and reducing greenhouse gas emissions and polluants.

    Environmental aspects
    Procurement

    A preliminary study of the environmental impact assessment (EIA) of the project was produced in accordance with current Tunisian legislation. The promoter complied with the Bank's requirements, in particular with regard to the public consultation of the communities affected by the project.

    Having carried out the previous projects, the promoter is fully familiar with the Bank’s procurement procedures and issues international calls for tender.

    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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