Project Notice |
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| PNR | 41796 |
| Project Name | TWO LOANS TO EDB AND IIB FOR NORD-HYDRO |
| Project Detail | The NDB will provide two loans to support Eurasian Development Bank (EDB) and International Investment Bank (IIB) to on-lend to renewable energy projects. The two loans will finance the Nord-Hydro project to increase energy supply in Karelia region through renewable energy resource. The project is supported by the Russian government with a preferential tariff. With this project, a small dam and two hydroelectric generation plants will be constructed, providing a total installed capacity of 49.8 MW. A 220 kV power transmission line of 10-km will be constructed. |
| Funded By | New Development Bank (NDB) or NDB BRICS |
| Country | Russia , Eastern Europe |
| Project Value | RUB 161,900,000 |
Contact Information |
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| Company Name | Nord Hydro Bely Porog |
| Web Site | https://www.ndb.int/edbiib-russia/ |
