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ITEZHI- TEZHI HYDRO PROJECT

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Zambia : € 50,000,000
Energy : € 50,000,000
Signature date(s)
10/12/2012 : € 50,000,000
Link to source

Summary sheet

Release date
11 May 2010
Status
Reference
Signed | 10/12/2012
20080263
Project name
Promoter - financial intermediary
Itezhi - Tezhi Hydro Project

For the power plant: Itezhi-Tezhi Power Corportion, Attn. Mr Robert Nsamba, Director
Phone +260 (211) 239 343 Fax +260 (211) 239 343 e-mail: rnsamba@itpc.co.zm.
For the transmision lines: ZESCO, Mr. Julius Kampamba Acting Senior Manager Transmission Development
Phone +260 (211) 363 521 e-mail: jkampamba@zesco.co.zm.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million.
Indicative amount: EUR 265 million.
Location
Sector(s)
Description
Objectives

The project consists of a new 120 MW hydropower plant, benefiting from the use of an existing dam and a reservoir infrastructure, and a 260 km extension of the 220/330 kV transmission system to supply renewable energy to meet the growing demand of the country and the region.

The project is expected to provide electricity at a competitive cost to the Zambian and Southern Africa regional electricity networks. The majority of the power plant projects currently under implementation in the region are based on conventional coal-fired technology. This project will therefore contribute to avoiding emissions of CO2 and other harmful air pollutants. The Zambian electricity network has a severe generation deficit, which has resulted in load shedding and related damages to the economy of the country and of the region. The project is in line with the economic development and environmental objectives of the Cotounou Mandate, as well as the EU’s environmental policies with respect to climate change and renewable energy.

Environmental aspects
Procurement

Due to its size and technical characteristics the power plant, if located inside the EU, would be classified under Annex II of the EIA Directive and the high voltage overhead transmission lines under Annex I, requiring an Environmental Impact Assessment. The promoters have implemented two EIAs, one for the power plant and another one for transmission investments. Both EIAs cover the cumulative effects of the project. The project will comply with the Bank’s environmental and social guidelines, including appropriate public consultation and mitigation of impacts on biodiversity.

The promoters will be required to conduct procurement for the project components in line with the Banks Guide to Procurement.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - ITEZHI- TEZHI HYDRO PROJECT
Publication Date
12 May 2016
Document language
Main Topic
Lending
Document Number
54854476
Document Focus
Environmental Information
Project Number
20080263
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ITEZHI- TEZHI HYDRO PROJECT
Publication Date
24 Jan 2020
Document language
Main Topic
Lending
Document Number
91014230
Document Focus
Environmental Information
Project Number
20080263
Sector(s)
Countries
Publicly available
Download now

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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