Release date: 3 May 2006
Promoter – Financial Intermediary
Turkish Electricity Distribution Corporation (TEDAŞ)Location
Description
The project involves the rehabilitation and expansion of mostly urban low and medium voltage electricity distribution networks in the 20 of the 21 regional distribution areas in Turkey as well as the implementation of some specialised distribution network operating tools (SCADA) in Ankara and Konya areas.
Objectives
Expansion and upgrading of the existing electricity distribution network and investment in network operation tools, measurement and tele-information systems are necessary for safety reasons, to reduce distribution losses, to improve reliability of service and to cope with growing electricity demand.
Comments
Electricity distribution
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 325 million
Total cost (Approximate amount)
Aproximately EUR 650 million
Environmental aspects
In reducing technical losses from the distribution network and optimising operations by installing SCADA systems, the project will improve the overall efficiency of the power system and thereby reduce emissions of greenhouse gases from fossil-fuelled generating plants, which form a significant part of the generating park in Turkey. In addition, replacing obsolete overhead lines with underground cables reduces the visual impact and improves safety.
Procurement
According to the promoter’s procurement plan, all the works schemes will be tendered internationally as turnkey contracts.
Status
Signed - 10/08/2006
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).