Tunisia-Italy Power Interconnector - Project Preparation TA (WB-P164625)

Countries
  • Tunisia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jul 31, 2018
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Tunisia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Project Cost (USD)
$ 13.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 10, 2018

Disclosed by Bank Oct 10, 2017


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The proposed project will comprise the following components:

  1. Preparation Studies - this component would consist of the following three studies:
    1. Terrestrial and Marine Survey Study. The purpose of the terrestrial and marine feasibility study is to determine the optimal site locations for: (i) the area converter station; (ii) the DC cable route from the landing point of the marine cable on the coast to the converter station on land; (iii) and the AC cable route from the converter station to the grid node.
    2. Network Study. The study will be performed based on ENTSO-E Guidelines and will determine the electrical project scheme (monopolar/bipolar grid node connection and networks reinforcements), the feasible technology and rated power of the link; the performance required to the DC system; social economic welfare and other indicators; the implications of the project on the transmission capacity and congestion at the Northern Italian border; the maximum amount of renewable energy to be integrated into the Tunisian network.
    3. Environmental and Social Impact Assessment (ESIA) and Resettlement Action Plan (RAP).
  2. Transaction Advisory. Making a decision on the commercial, regulatory, and financial structure of the Elmed interconnector and identifying the agreements necessary for its implementation will require comprehensive support that will be accommodated through this component. Specifically, this component will
    include advisory work to the Government of Tunisia and to the implementing sponsor through El med Etudes.
  3. Project management. This component will cover project management costs of Elmed Etudes, excluding any wages of either El med Etudes, STEG or Terna.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

*Contact information not provided at the time of disclosure* 

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

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How it works