European Commission The World Bank Regional Funding Conference
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Regional Funding Conference
Brussels, March 29-30, 2000

Table II Projects and Programs | Infrastructure | List of Project Datasheets

Project Datasheet


Project Number: 5501
Project Type: Quick-Start
Country: FYR of Macedonia

   

Title:

Power sector investment study

Objective:

Provide a basis for the selection of electric power sector investments in generation and transmission

Description:

A number of larger individual projects have been proposed by the Macedonian authorities as regards generation and high voltage transmission. To assist in the formulation of a consistent electricity sector strategy, an overall strategic investment study is required. Such a study should
  • Identify and project electricity demand
  • Identify potential sources of supply and fuel options
  • Inventory such sources on the basis of generation costs
  • Recommend possible a set of investment options based on alternative scenarios

Preparation Status:

None so far.

Economic/Financial Justification:

To be included in the study

Cost:

About EUR 1 million

Financing Plan:

Interest expressed by
Canadian International Development Agency
European Commission

Borrower/Final Beneficiary:

Government of FYR of Macedonia

Major Sector/Project Issues:

Investments in the electric power sector in Macedonia currently face issues of the basic institutional framework for investments and the corresponding strategic options. In particular, the issues of partial privatisation are critical. On the one hand, the government is reluctant to relinquish control over what are perceived to be strategic assets, while on the other hand a lack of funds and guarantees for foreign loans is a serious obstacle to investment.

Responsible Staff:

European Commission
Brussels

Canadian International Development Agency
Ottawa, Canada


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