CA CCFL HYDROPOWER CACHI

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CA CCFL HYDROPOWER CACHI

has announced on 21 May 2012 that is accepting bids for the following project: CA CCFL HYDROPOWER CACHI.

The tender will take place in Costa Rica and will cover the industry.

The total value of the project is estimated at 138000000, ex VAT and you can apply until 01 Jan 1970.

After the deadline, Global Database will announce the contract award for CA CCFL HYDROPOWER CACHI. In order to stay up-to-date with this tender and also to receive daily notifications about similar projects, you can subscribe to our newsletter for free.

Bellow you can find more information about the tender description and the bidding procedure.

Location: Costa Rica

General information

Donor:

Not available

Industry:

Not available

Status:

Accepting bids

Timeline

Published:

21 May 2012

Deadline:

Not available

Value:

138000000

Contacts

Description

https://www.eib.org/en/projects/pipelines/all/20120097

Reference: 20120097
Release date: 21 May 2012

Promoter – Financial Intermediary

The borrower is the Central American Bank for Economic Integration (BCIE/CABEI).

Location

Costa Rica

Description

The project consists of the expansion of an existing Hydropower plant in Costa Rica

Objectives

The project will provide for growing electricity demand from a renewable energy source, supporting the EU priority target of climate change mitigation. The project is in line with the External Mandate by promoting environmentally sustainable energy and financing the plant would contribute to the Bank's energy lending objectives related to renewable energy. The project will provide the central and most populous region of the Costa Rican electricity network with renewable energy.

Comments

Sector(s)

Energy - Electricity, gas, steam and air conditioning supply

Proposed EIB finance (Approximate amount)

EUR 42 million

Total cost (Approximate amount)

EUR 138 million

Environmental aspects

ESIA process (including public consultation) has been approved by competent environmental authority SETENA. The project utilises an existing reservoir that has been established almost 50 years ago for increased electricity production that adapts better to electricity demand. The results of the ESIA did not show significant residual negative impacts.