Early Warning System

EBRD-49549 Electricity Grid Reinforcement Early Warning System EBRD-49549 Egypt Electricity Grid Reinforcement

Quick Facts

Countries Egypt Financial Institutions European Bank for Reconstruction and Development (EBRD) Status Proposed Bank Risk Rating B Voting Date 2018-07-04 Sectors Energy, Technical Cooperation Investment Type(s) Loan Investment Amount (USD) $ 239.82 million Project Cost (USD) $ 239.82 million

Early Warning System https://ews.rightsindevelopment.org/ [email protected] Early Warning System EBRD-49549 Egypt Electricity Grid Reinforcement

Project Description

The project involves financing part of EETC's grid investment plan to help optimise power flows, reduce transmission losses, and connect new renewable energy plants and state-of-theart generation units. The Project consists of the following substations: (1) El Sadat 500 kV substation in Menofia Governorate, (2) New Atfih 500 kV substation in south , (3) West Mallawy 500 kV substation in , (4) Shebeen El Koum 500 kV substation in Menofia Governorate, and (5) Abo Talaat 220 kV substation in Governorate.

Early Warning System https://ews.rightsindevelopment.org/ [email protected] Early Warning System EBRD-49549 Egypt Electricity Grid Reinforcement

Investment Description

European Bank for Reconstruction and Development (EBRD)

Technical Cooperation funding to assess the technical viability of the Project was provided by Germany (EUR 71,960) under the Sustainable Development of the Power Sector Framework and Shareholders Special Fund SSF (EUR 20,100) under the Green Economy Transition Project Preparation and Implementation Framework.

Early Warning System https://ews.rightsindevelopment.org/ [email protected] Early Warning System EBRD-49549 Egypt Electricity Grid Reinforcement

Contact Information

Dr Amr El Baradie [email protected] +20222611739 +20222616509

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-nding body for people who have been or are likely to be adversely aected by an European Bank for Reconstruction and Development (EBRD)-nanced project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at [email protected] or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to le a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.

Early Warning System https://ews.rightsindevelopment.org/ [email protected]