Release date: 7 December 2011
Promoter – Financial Intermediary
OFFICE NATIONAL DE L ELECTRICITE ET DE L EAU POTABLELocation
Description
The project is an investment programme aimed at reinforcing and extending the electricity transmission network of Morocco. The programme consists of 24 electricity transmission schemes overall encompassing the implementation of circa 850 km of overhead lines and 4 600 MVA of transformation capacity.
Objectives
The main purpose of the project is to enable the integration into the grid of new generation resources, including renewable energy, extend the transformation capacity to the distribution grid and contribute to improve the reliability of supply
Comments
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 180 million
Total cost (Approximate amount)
EUR 443 million
Environmental aspects
Moroccan EIA legislation requires environmental and social impact assessments for the main project schemes in the programme. Such assessments need to be carried out in line with EIB guidelines, implying a follow-up during the implementation of the programme as and when individual EIAs become available.
Procurement
The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank’s Guide to Procurement.
Status
Signed - 14/12/2012
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).