Purpose of the Environmental and Social Impact Assessments
The European Bank for Reconstruction and Development is considering providing a loan of EUR 80 million to EPS as part of a wider EUR 140 million Environmental Improvement Project at the Kolubara mine basin.
The proposed loan, together with potential EUR 60 million co-financing from KfW, will fund the purchase of (1) a coal excavator, conveyor and spreader system at a new section of the Kolubara lignite basin, (2) a spreader system at an existing mine and (3) a coal management system for the whole Kolubara mining operations. These three components are closely integrated and interdependent. Once implemented, the Project will have three key benefits:
- MB Kolubara will extract its resource more efficiently and cleanly. Currently lignite is discarded because it is mixed in with overburden and interburden; this is wasteful and creates environmental problems both because it increases the volume of overburden to be disposed and because it spontaneously combusts giving rise to uncontrolled fires on the overburden dumps.
- MB Kolubara will supply lignite to its existing client power plants that is of a uniform quality. This will allow those plants to generate in accordance with their design parameters, leading to more stable and efficient operation. It will also allow those plants to stop using heavy fuel oil when lignite quality is too low. Taken together this will result in lower levels of CO2 and other emissions as well as reduced wear and tear and maintenance costs.
- It will allow MB Kolubara to meet the contractual commitments it will assume under the lignite supply agreements proposed IPPs.
There is a project summary document available for this project.
The ‘Disclosure Package’ for the Project includes the following documents:
Full ESIA availability
Full ESIA documentation is available locally at:
EBRD Headquarters in London, firstname.lastname@example.org
Elektroprivreda Srbije (EPS), Direkcija za strategy i investicije (Strategy and Investment Department), Vojvode Stepe 412, Beograd 11000
Bulevar Zorana Đinđića 64a, 5th Floor
11070 Novi Beograd
Tel: +381 11 212 0529; +381 11 212 0530; +381 11 212 0531
Fax: +381 11 212 0534
Martin McKee (McKeeM@ebrd.com)
Ian Brown (BrownI@ebrd.com)
This document was prepared at an early stage of project development, before consideration by the EBRD Board of Directors. Details of a project may change following disclosure.
Environmental and Social Impact Assessments and ESIA summaries are produced by project sponsors, and the EBRD makes them available without any comment or implied endorsement. Any views expressed or statements made in the Environmental and Social Impact Assessment or the ESIA Summary do not necessarily reflect the views or opinions of the EBRD.
Last updated 25 June 2014