Release date: 23 January 2019
Promoter – Financial Intermediary
SOCIETE NIGERIENNE D'ELECTRICITELocation
Description
The project consists of a multi-component investment programme in Niger over the period 2019-2023.
Objectives
The purpose is to reinforce the national electricity transmission and distribution network for 100,000 low-income households, both in rural areas, where access is currently less than 1%, and in urban areas, which experience poor and unreliable power supply. This project meets Goal 7 of the Sustainable Development Goals aiming at ensuring access for all to reliable and modern energy services at an affordable cost by 2030.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 79 million
Total cost (Approximate amount)
EUR 140 million
Environmental aspects
Environmental and social impact assessment studies have been prepared for the project; mitigating measures and compensations will be implemented as necessary.
Procurement
Being a public entity the promoter will have to procure works, services and supplies in compliance with the provisions of the EIB's Guide to Procurement.
Status
Signed - 11/12/2019
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).