CFR Rail Traction Project

complete

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. CFR Electrificare, a national railway traction distributor, 100% owned by CFR SA, the Romanian Railways Infrastructure Company. A senior loan. EUR 26 million. 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.