MEPSO: FYR Macedonia-Albania Transmission Phase I

repaying

EBRD will provide a senior corporate loan of up to EUR 40 million to MEPSO, the national electricity transmission company, to fund the Macedonian component of the Macedonian-Albania Transmission line. The Macedonian Transmission System Operator AD MEPSO (“MEPSO”, “Company” or “Borrower”) is the  100% state-owned electricity transmission system operator of FYR Macedonia (“Country”), and was established as an independent transmission system operator (“TSO”) in 2005. The project entails (i) the construction of electricity transmission infrastructure from Bitola to the Albanian border, with a substation at Ohrid and (ii) the introduction of Smart Grid components in MEPSO (the “Project”). By providing the Macedonian side of the first interconnection between FYR Macedonia and Albania, the Project provides the missing link in the initiative to establish an East – West electricity transmission corridor between Bulgaria, FYR Macedonia, Albania, Montenegro and Italy.  The section between Bulgaria and FYR Macedonia (OpID 27768) has been completed. Albania and Montenegro are connected through a new 400kV line and the construction of the submarine cable between Italy and Montenegro is underway, supported in Montenegro through the Lastva – Plejvlja Transmission Line Project (OPID 42768). There is a Project Summary Document available for this project Non-Technical Summary (NTS) of the CCGT: Macedonian | English Stakeholder Engagement Plan (SEP) of the CCGT: Macedonian | English Environmental and Social Impact Assessment (ESIA) : Macedonian | English Land Acquisition and Compensation Framework:  Macedonian | English Environmental and Social Action Plan (ESAP): Macedonian | English Full ESIA documentation is available locally at: The ESIA package and Executive Summary will also be released for public review by the project sponsor on its website: Jordan Angelovski, M.Sc.Eng. Head International Cooperation and International Financial Institutions AD MEPSO Maksim Gorki 4, 1000 Skopje, Republic of Macedonia Phone/тел: +389 (0)2 31 49 046 Fax/факс: +389 (0)2  31 11 160 e-mail: jordan.angelovski@mepso.com.mk