http://www.ebrd.com/projects/eias The EBRD makes EIAs of environmentally sensitive projects it is considering available for review by the public. en-gb Sat, 04 Jul 2009 22:48:38 +0100 The Republic of Georgia intends to expand and upgrade the country’s electricity grid. One part of this program will be to complete a high-voltage transmission line across southern Georgia. The line will connect Gardabani to Zestaphoni via Akhaltsikhe, and a new line will run from near Akhaltsikhe to the Turkish border. In addition, the project will expand electrical substations near Gardabani and Zestaphoni and construct a new substation near Alkaltsikhe. Georgia’s energy strategy calls for 100 percent of power to come from hydropower and for Georgia to export power to neighbouring countries, including Turkey. Over half of the foundations and towers for the new line were constructed between 1989 and 1992, when the project was abandoned. The Ministry of Energy now proposes to complete this line, and to extend it to the Turkish border. The reasons for the project include: http://www.ebrd.com/projects/eias/39579.htm http://www.ebrd.com/projects/eias/39579.htm 13 May 2009 Georgia Power and Energy The Borrower is Georgia, on-lending to the City of Rustavi. http://www.ebrd.com/projects/eias/40019.htm http://www.ebrd.com/projects/eias/40019.htm 27 March 2009 Georgia Municipal and environmental infrastructure EBRD has been approached by the Corridor X Company LLC for a long term senior loan of EUR 150 Million to co-finance the construction of E80 motorway, which forms part of the larger Trans-European Corridor X project in Serbia. Other co-financing sources include the World Bank (WB) and the European Investment Bank (EIB). Specifically, the E80 is a new 4-lane motorway, 83 km in length, that will link Nis, located in south east Serbia, to Dimitrovgrad near the border with Bulgaria. EBRD financing is sought on a parallel financing basis for specific sections of the E80. http://www.ebrd.com/projects/eias/39750.htm http://www.ebrd.com/projects/eias/39750.htm 27 March 2009 Serbia Transport OAO Lukoil ("Lukoil" or the "Sponsor") requested the Bank to provide a loan for the financing of the investment program of OAO TGK-8 ("TGK-8" or the "Company"), Lukoil’s subsidiary and one of Russia's fourteen regional generation companies. The investment is to finance the construction of a new highly efficient 410MW CCGT unit at the Krasnodar CHP plant in Southern Russia. The project represents a major step in upgrading existing generating assets in Russia to ensure that they meet improved energy efficiency and higher environmental performance. The new project is part of a programme to improve the performance of existing plants in Russia and will result in lower carbon emission per MWe of generated electivity. http://www.ebrd.com/projects/eias/38714.htm http://www.ebrd.com/projects/eias/38714.htm 4 March 2009 Russia Power and Energy The Project comprises a loan to Petrom for the construction of a new power plant on the grounds of the Petrobrazi refinery and associated infrastructure: http://www.ebrd.com/projects/eias/39974.htm http://www.ebrd.com/projects/eias/39974.htm 20 February 2009 Romania Power and Energy The project is to design, build, finance, operate and maintain three sections of the 2x2 lane R1 expressway between Nitra and Tekovske Nemce, as well as the Banska Bystrica Northern Bypass, for a total length of 51.6 km in the Slovak Republic under a 30 year availability fee-based concession. This concession is pursuant to a concession contract between the Ministry of Transport, Post and Telecommunications of the Slovak Republic and the concessionaire, Granvia Consortium, a joint stock company incorporated under the laws of Slovak Republic that was set up by Vinci Concessions S.A. and ABN Amro Highway B.V. (currently 100% owned by Vinci Concessions SA). EBRD is considering providing a senior loan of up to EUR 250 million, which would form part of a Senior Term Loan Facility of EUR 1,050 million to finance the construction of R1 Motorway and cover transaction costs. http://www.ebrd.com/projects/eias/39432.htm http://www.ebrd.com/projects/eias/39432.htm 18 February 2009 Slovak Republic Transport The Project includes a loan to the Municipality of Tirana to co-finance the construction of a new urban road in the amount of up to EUR 25 million linking two main existing roads in the city network through the completion of a key segment of the new Tirana Outer Ring Road. It includes the construction of around 3 km of a 4 to 6-lane urban distributor in a developed urban corridor west of the city centre and a 4-lane section of approximately 5 km on the southern periphery of the city limits. The new road will primarily serve an unmet travel demand, namely by acting as a key road link between the established north-western side of the city centre and the growing southern residential districts and into the community of Sauk. Land expropriation and a resettlement programme are carried out by the City, in accordance with EBRD policies and guidelines. http://www.ebrd.com/projects/eias/38735.htm http://www.ebrd.com/projects/eias/38735.htm 17 February 2009 Albania Municipal and environmental infrastructure The Borrower is the Republic of Georgia and the Client will be a newly created Solid Waste Management Company established to own and operate the proposed landfill facility. http://www.ebrd.com/projects/eias/36538.htm http://www.ebrd.com/projects/eias/36538.htm 22 December 2008 Georgia Municipal and environmental infrastructure The proposed EBRD financing of up to €90 million to the Irkutsk Oil Company (the “IOC”) aims at supporting an independent oil and gas company which operates in the remote Eastern Siberian region of Irkutsk only recently opened up for development of the oil and gas resources. This transaction will follow the acquisition by the Bank of a 8.15% of the Company earlier this year and was conceived already at that stage as part of the IOC and Bank strategy regarding the development of the Company. The proceeds of the financing will be used for the completion of a gas cycling project which will contribute to significant gas flaring reduction. http://www.ebrd.com/projects/eias/38626.htm http://www.ebrd.com/projects/eias/38626.htm 19 December 2008 Russia Natural resources The proposed Bank financing involves an initial equity investment in Energy Resources to allow the Company to establish commercial production. The Project will support the early production of high quality (coking) coal from the medium-sized open-pit Ukhaa Hudag (UHG) deposit in southern Mongolia. The deposit will be developed in accordance with best international practices, including requirements for high corporate governance and transparency standards (including EITI and advance mine management and modelling software), high EHS standards, and IFRS financials for the Company. To further mitigate the operating risk, the deposit will initially be operated by an international contract mining company. http://www.ebrd.com/projects/eias/39820.htm http://www.ebrd.com/projects/eias/39820.htm 10 December 2008 Mongolia Natural resources