Project number:


Business sector:

Municipal and environmental infrastructure

Notice type:


Environmental category:


Approval date:

25 Nov 2003



PSD disclosed:

10 Feb 2003

Project Description

The proposed project involves a loan to the water utility (Vodocanal) of Syktyvkar in the Republic of Komi in Russia. The business purpose is to rehabilitate water and waste-water infrastructure and services in the municipalities and at the same time strengthen the water utility’s financial and operational performance.

Transition Impact

The proposed project will 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.  

The Client

The borrower is the water utility of Syktyvkar. the Republic of Komi acts as guarantor.

EBRD Finance

Senior loan of €10 million in RUB to Syktyvkar water utility. The NDEP (Northern Dimention Environmental Partnership) co-finances by a grant of €3.1 million.

Project Cost

Equivalent to €21 million.

Environmental Impact

Screened B/0.
The Project has mainly environmental objectives. An Environmental Analysis is being carried out by international consultants as part of the feasibility study.

Technical Cooperation

Technical Feasibility Study financed by the Swedish ‘SIDA’ (€500,000).
Corporate Development programme financed by the Canadian ‘CIDA’ (€400,000). PIU support financed by Finland (€200,000). Project Engineer financed by NDEP (€600,000). Creditworthiness Enhancement Programme financed by EU (€200,000).

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out how to submit a Request for review through our confidential online form, by email, mail or telephone. IPAM is available to discuss your concerns and answer any questions you may have about the submission or handling of Requests, which follow the Project Accountability Policy and Guidance. Requestors’ identities may be kept confidential, upon request.

Share this page: