Summary of Proposed Investment
Project Number
26093
Company Name
EVN MAKEDONIJA A.D.
Date SPI Disclosed
Jul 25, 2007
Country
North Macedonia
Industry
Infrastructure
Projected Board Date
Aug 30, 2007
Status
Completed
Sector
Distribution Business
Department
Gbl Infrastructure & Natural Resources
Environmental Category
B - Limited
Previous Events
Approved : Sep 6, 2007
Signed : Apr 7, 2008
Invested : Sep 29, 2008
Project Description
The company, ESM, is the single electricity distribution and supply company in FYR Macedonia supplying electricity to households, industry and budgetary organizations. ESM also owns and operates 11 small hydro power plants.
The proposed project is the financing of a EUR 100m investment program to upgrade ESM’s electricity distribution network. The investment program will be focused on four main areas:
- Upgrade of grid lines and connections;
- Upgrade of substations and transformers;
- Roll out of metering;
- Upgrade systems and administration.
The proposed investment will play an important role towards strengthening ESM’s operations, through reducing energy losses, improving supply reliability, upgrading technical capacity, modernization and automation.
The proposed project is the financing of a EUR 100m investment program to upgrade ESM’s electricity distribution network. The investment program will be focused on four main areas:
- Upgrade of grid lines and connections;
- Upgrade of substations and transformers;
- Roll out of metering;
- Upgrade systems and administration.
The proposed investment will play an important role towards strengthening ESM’s operations, through reducing energy losses, improving supply reliability, upgrading technical capacity, modernization and automation.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Dr. Michael Längle, Director, Head of Finance and Accounting Chief Financial Officer
EVN Group
EVN Platz
A-2344 Maria Enzersdorf
Austria
Telephone: +43 22 36 / 200 – 123 24
Fax: +43 22 36 / 200 – 847 15
E-mail: michael.laengle@evn.at
Website: www.evn.at
The environmental documents will be made available at the ESM''s office in Skopje:
MMag. Georg Waldner
Chairman of the Executive Board
AD ESM
11 October 9, 1000 Skopje, Macedonia
Telephone: +389 (0)2 3149-289
Fax : +389 (0)2 3120-426
EVN Group
EVN Platz
A-2344 Maria Enzersdorf
Austria
Telephone: +43 22 36 / 200 – 123 24
Fax: +43 22 36 / 200 – 847 15
E-mail: michael.laengle@evn.at
Website: www.evn.at
The environmental documents will be made available at the ESM''s office in Skopje:
MMag. Georg Waldner
Chairman of the Executive Board
AD ESM
11 October 9, 1000 Skopje, Macedonia
Telephone: +389 (0)2 3149-289
Fax : +389 (0)2 3120-426
For Inquiries and Comments About IFC, Contact
General IFC Inquiries
IFC Corporate Relations
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384
E Mail: Webmaster
IFC Corporate Relations
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384
E Mail: Webmaster