POWER V

closed

The proposed project would both expand and reinforce EAC's transmission and distribution in southern Cyprus, and includes installation of: (i) 28 miles of 132 (66) kV overhead transmission lines, together with associated substation equipment and transformers; (ii) nine 66 kV substation lines and transformer bays and eight 66/11 kV substation transformers; (iii) 156 miles of 11 kV overhead distribution lines and underground cables; (iv) 285 miles of low voltage distribution lines and cables; (v) 585 distribution transformers; and (vi) associated consultancy services. The proposed project will enable EAC to meet the substantially increased demand stemming from heavy ongoing investment in tourism, industry and agriculture, especially in the Moni-Limassol and Paphos areas, besides meeting additional demand in Nicosia and Larnaca. In addition, it will reinforce and expand distribution in several hundred villages scattered throughout south Cyprus. Major beneficiaries would be existing consumers, especially industrial consumers who will benefit from the availability of additional power, and about 51,000 new consumers, including about 20,000 rural consumers.