Project description
and objectives:
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Key objectives are to reduce operation and maintenance costs, water losses and
discharge of untreated sewerage into local river and the Barents Sea Basin and
to improve the operational and financial performance of the municipal water
and waste-water services in Archangelsk. The project is a priority project of
the Northern Dimension Environmental Partnership (NDEP), and is co-financed by
a grant of € 8.2 million..
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Transition
impact:
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The project would have an impact on the transition process through
corporatisation and commercialisation of the Vodocanal, through improved
financial and operational performance and development of scope for a service
contract.
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The client:
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The borrower will be the water utility (Vodocanal) of Archangelsk City. The
Archangelsk Region will act as guarantor.
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EBRD
finance:
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Senior loan of €10 million or RUB equivalent to Archangelsk water utility.
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Total project cost:
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Equivalent to €25.3 million.
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Environmental impact:
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Screened B/0. The project has mainly environmental objectives. It will help to
improve water and wastewater management in the City of Archangelsk and reduce
threat to public health and safety. An Environmental Analysis is being carried
out by international consultants as part of the feasibility study which will
provide information on the current environmental conditions of water and
wastewater facilities and will assess potential impacts of implementing the
planned upgrade of water and wastewater facilities.
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Technical
cooperation:
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Technical Feasibility Study already financed by the Finnish Government
(€230,000).
Creditworthiness Enhancement Programme to
be financed by the British Government (€200,000).
Environmental
Action Plan to be financed by the Government of Luxemburg (€200,000).
PIU
Training and Support financed by the European Union (€350,000).
International
Project Engineer financed by NDEP (€900,000)
Corporate
Development Programme is envisaged to be financed on bilateral basis by the
Swedish ‘SIDA’ (€500,000)
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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EBRD contact:
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Alexander Rogachevsky, Operation Leader: rogachea@ebrd.com
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Procurement or tendering
opportunities:
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Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com
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General
enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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