Project description
and objectives:
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The proposed project comprises restructuring and modernisation of the public
transport sector in the client city of Togliatti (pop. 740,000) on the river
Volga, as part of which the Bank will provide financing for approximately 100
new buses. The proceeds of up to € 10 million (RUB equivalent) will be used to
procure the buses, as well as to upgrade maintenance facilities, as required.
TC funding in the amount of approximately € 600,000 will be sought to
implement the necessary institutional reforms, including assisting the City in
enhancing creditworthiness.
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Transition
impact:
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Togliatti has an opportunity to define a model for the role of the public and
private sector in Russia, develop a model of “regulated competition” and to
rationalise its municipal operating entities. Specific transition impact will
be delivered through restructuring of the public transport, i.e. developing a
regulatory framework for private and public operators; possible out-sourcing
of services; merging the municipal bus companies to realise efficiencies;
corporatisation of the municipal bus company, through inter alia introduction
of business planning; and introduction of Public Service Contracts, which will
enable the bus company to move away from negotiated subsidies towards
transparent multi-year payments for service against defined targets.
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The client:
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The city of Togliatti (pop. 741,000), an industrial centre in the Samara
Region of Russia, on the river Volga.
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EBRD
finance:
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Senior loan to the City, denominated in Russian roubles, in an amount
equivalent to up to €10 million.
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Total project cost:
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Up to €12.5 million (RUB equivalent)
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Environmental impact:
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The Project has been screened B/0.
The introduction of new bus fleet will improve public transport as well as
reduce traffic, noise and air pollution in the City of Togliatti. The buses
to be purchased will need to comply with Russian and “Euro” EC air emission
standards. An environmental audit of the existing bus maintenance
workshops/depots will be needed to identify environmental risks and
liabilities due to possible poor environmental management (e.g. improper
management of fuel, waste oils, lubricants, etc.). The Environmental Analysis
will focus on confirming that the tender specifications address reduction of
air emissions and implementation of fuel efficiency requirements as well as on
quantifying the environmental benefits of the project.
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Technical
cooperation:
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TC funding in the aggregate amount of €600,000 will be sought to implement
institutional reforms, and assist the City with enhancing its creditworthiness.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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EBRD contact:
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Ekaterina Miroshnik, Operation Leader: miroshnek@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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