Tunisia - Project to develop and equip the Power Transmission Grid (PAERTE) (AFDB-P-TN-FA0-008)

Countries
  • Tunisia
Where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 9, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Tunisia
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 126.51 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Sep 9, 2020


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Project Description

According to bank documents, the Project to Develop and Equip the Power Transmission Grid (PAERTE) is an investment project aimed at strengthening Tunisia's electricity transmission grid. It is part of the electricity transmission programme of the XIIIth Plan 2016-2020. The project is consistent with Tunisia's energy transition plans. Indeed, the envisage project infrastructure is aimed at integrating renewable energies into the national electricity grid. The PAERTE project is therefore one of STEG's initiatives to strengthen and extend its electricity transmission network before this deadline, with a view to absorbing and transmitting countrywide the large volume of intermittent renewable energy expected from these planned solar and wind power plants. Its completion will make it possible to increase the transit capacity of transmission lines and distribute electricity, thus integrating locally produced renewable energy; reduce technical loss rates; and improve the overall quality of service. The duration of the project physical execution is 48 months from 2020 to 2023 with a total cost estimated at EUR 290 million.

The project sector objective is to improve the performance of the national electricity transmission network in order to meet the country's growing demand for electricity and contribute to Tunisia's economic and social development. Its goal is to improve electricity supply quality throughout the country, particularly in the Bizerte, Ben Arous, Sousse, Sfax, and Gabes governorates. The project also aims to strengthen the electricity grid for the integration of renewable energies expected from solar and wind power plants that are being developed.

Investment Description
  • African Development Bank (AFDB)
Contact Information

IBRAHIME Djamali
d.ibrahime@afdb.org 

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/