Project description
and objectives:
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The proposed project will consist of the following project components:
(a) purchase of modern catenary maintenance vehicles;
(b) upgrading and rehabilitation of electric traction power supply equipment
in the Criaova section of the network
(c) supervision of all works under the project.
Its main objective is to fund the selected priority cost reduction measures
for the Company.
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Transition
impact:
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Expansion of competitive/market interactions in the sector
Through
envisaged institutional building support, the Company is to transform from a
passive energy consumer into a licensed energy distributor, to take advantage
of the changes both in the railway sector (progressive privatisation and new
private train operators) and the energy sector (planned separation of supply
and distribution functions)
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Contribution to market-based conduct and skills
Impacts include
(a)
transfer and dispersion of skills in the areas of business planning and
procurement;
(b) a strong demonstration effect in delivery
and cost-enhancing technology;
(c) setting standards for
corporate governance and business conduct: the Project will covenant
operational and business planning strengthening measures aiding the
transformation of the company into an efficient traction energy distribution
company.
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The client:
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CFR Electrificare, a national railway traction distributor, 100% owned by CFR
SA, the Romanian Railways Infrastructure Company.
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EBRD
finance:
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A senior loan.
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Total project cost:
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EUR 26 million.
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Environmental impact:
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The project was screened B/0, requiring an Environmental Analysis.
This was carried out by international consultants and dealt primarily with the
environmental issues associated with the improvements to be made to the rail
infrastructure. The draft report on the analysis concluded that there would be
no significant environmental impacts associated with the Bank's Investment.
Care will nonetheless be taken to ensure that the procurement of goods and
services will be in compliance with EU and national environmental requirements
and suppliers will exercise an acceptable level of environmental performance
throughout their activities.
The consultants proposed to develop an in-house capacity for environmental
management and to develop an Environmental Action Plan to include waste
management, use of hazardous chemicals, noise abatement and environmental
monitoring. In accordance with Bank requirements, a summary of the relevant
environmental issues associated with the project will be disclosed in the
local language at or near the project site. This section will be updated and
amended as soon as the environmental due diligence has been completed.
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Technical
cooperation:
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EUR 126,000 call off under PHARE Transport Team Framework Contract to assist
the project Team in project due diligence;
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Estimated EUR 200,000 – 250,000 to be mobilised to assist in institutional
strengthening of the company (in particular, assistance in compliance with the
energy sector regulatory requirements and the preparation of the medium term
business plan);
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EUR 50,000 to be mobilised to assist the Bank in technical and procurement
review of the tender documentation for the project.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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EBRD contact:
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Agnieszka Lukasik, Operation Leader: lukasika@ebrd.com
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Procurement or tendering
opportunities:
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Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com
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General
enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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