Project description
and objectives:
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The proposed project involves a loan to the municipal water and wastewater
utility of the City of Oufa, capital of the Russian Republic of Bashkortostan.
The proceeds of the loan would be used to finance priority capital investments
to improve the municipal water and wastewater infrastructure and services in
the City, which will contribute significantly to decreasing the level of
polluting discharges into the Volga River and the Caspian Sea basin.
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Transition
impact:
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The proposed project will have an impact on the transition process through:
(i) corporatisation and commercialisation of the Company
(ii) billing according to actual consumption;
(iii) transfer of skills during the implementation phase including the
procurement, design, installation and contracts supervision in accordance to
the best available international engineering practice.
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The client:
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The borrower will be the municipal water and wastewater utility “Vodocanal”
(the Company) of the City of Oufa.
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EBRD
finance:
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A senior Rouble loan of 500 million with two priority investments:
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Total project cost:
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Equivalent to EUR 15 million.
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Environmental impact:
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Screened B/1.
The project is likely to result in improved quality and efficiency of sewerage
treatment infrastructure and services in Ufa City, and is expected to have
significant positive environmental impact due to increasing energy efficiency
of Vodocanal. The extent of the environmental benefits will depend on the
scope of the priority capital investments programme. The environmental due
diligence will be part of the Feasibility Study and should bring forward
environmental considerations to be taken into account during the selection of
the priority investment components.
This section will be amended upon completion of the Feasibility Study.
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Technical
cooperation:
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It is foreseen that the proposed project would include further technical
cooperation support:
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Technical Feasibility Study including the development of the Environmental
Management Plan. Financed by the European Union.
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Financial Due Diligence of the Company and IFRS Audit to be financed by Japan.
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Project Engineer for procurement, design and contracts supervision to be
financed by Japan.
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Corporate Development Support Partner, funding to be identified.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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EBRD contact:
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Nadezhda Klyuchnikova, Operation Leader: klyuchnn@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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