The project supports the establishment of a national transmission company to facilitate implementation of a competitive power market. EBRD investments will upgrade existing lines and communications.
Project objectives: NPGC will ensure equal and reliable third-party access to the trasmission grid, to generators and distributors. The project will finance priority investments to improve service quality and efficiency and to develop a market operator.
The establishment of NPGC will support sector liberalisation and development of a market led energy sector.
The National Power Grid Company "Transelectrica"- SA (NPGC) was established as a Romanian state-owned independent joint-stock power transmission company in September 2000 . NPGC operates 69 high voltage substations as well as 8,108 km of overhead lines. NPGC is responsible for despatch, independent system operations and system planning.
EBRD loan of US$ 51.472 million (€60.9 million). Co-financed with the European Investment Bank. EU Phare is providing an investment grant.
US$ 204.5 million (€242.0 million)
The project was screened B 0, requiring an environmental analysis. This was carried out by international consultants and included visits to existing substation sites and depots. The consultants did not identify any non-compliance with applicable national and EU standards. The Company will implement an Environmental Management System (EMS) based on the relevant international standard (ISO 14001) which will further enhance its environmental performance.
TC funds have been mobilised to develop a business plan, support the independent regulator and review technical feasibility.
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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).
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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.