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|Business sector:||Power and energy|
|Target Board date:||26 July 2011|
|PSD disclosed:||18 Apr 2011|
The EBRD is considering funding a project to finance the purchase of
(1) a coal excavator, conveyor and spreader system for Field C of the Kolubara mining basin,
(2) a spreader system for the Tamnava West field and
(3) a coal management system for the whole of the Kolubara mining operations. The equipment, planned to be purchased if the project gets approval from the EBRD’s Board of Directors, will improve the efficiency of EPS' mining operations at the Kolubara basin and significantly improve the quality and uniformity of the lignite it delivers to its power stations.
It is expected the planned project will contribute to having the following transition impact:
Elektroprivreda Srbije, (EPS), the vertically integrated electricity company of Serbia, owned 100 per cent by the Government of the Republic of Serbia..
The EBRD is considering providing up to €80 million in a sovereign guaranteed loan to EPS along with a parallel loan of €60 million to be provided by KfW.
The project has been categorised A under EBRD’s Environmental and Social Policy. EBRD engaged environmental consultants to review the EIAs for this project and assist EPS in preparing a Non-Technical Summary, an Environmental and Social Action Plan and a Stakeholder Engagement Plan. These documents were publicly disclosed, locally and on the internet in both Serbian and English.
The Project is designed to generate the following main benefits:
Land acquisition and resettlement was substantially completed in 2008 in line with EBRD policy and Serbian legal requirements. An ESAP was agreed with EPS and RB Kolubara. The main measures required by the ESAP are:
The ESAP was updated in March 2012 to reflect progress made by EPS and to align the timetable with the project implementation schedule. The revise ESAP and other project document are available at: Environmental and Social Impact Assessment
There is an Environmental and Social Impact Assessment available for this project.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
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Text of the PIP
The EBRD has established the Project Complaint Mechanism (PCM) to provide an opportunity for an independent review of complaints from one or more individuals or from organisations concerning projects financed by the Bank which are alleged to have caused, or likely to cause, harm. The Rules of Procedure governing the PCM can be found at www.ebrd.com/downloads/integrity/pcmrules.pdf, the Russian version can be accessed at http://www.ebrd.com/downloads/integrity/pcmrulesr.pdf
Any complaint under the PCM must be filed no later than 12 months after the last distribution of EBRD funds. You may contact the PCM officer (at firstname.lastname@example.org) or the relevant EBRD Resident Office for assistance if you are uncertain as to the period within which a complaint must be filed.
Project Summary Documents are created before consideration by the EBRD Board of Directors. Details of a project may change following disclosure of a Project Summary Document. Project Summary Documents cannot be considered to represent official EBRD policy.
Last updated 14 March 2012