📋 Tender Overview
Reference: 20240665
Release date: 16 April 2025
Promoter – Financial Intermediary
ESTONIAN RAILWAYS AS
Location
Estonia
Description
The project will finance the renewal and upgrade of railway infrastructure in Estonia. In details, it consists of three components: - electrification (new and upgrade) of Tallinn-Muuga section; - renewal of railway infrastructure, track and buildings; - the development of a Wagon Management System. The scope will be confirmed during the appraisal.
Objectives
The aim is to increase the quality of rail services in the country and promote rail travel. Consequently, it should enhance sustainable transport, in line with EU objectives. Being located in a convergence region and facilitating mobility, the project also promotes regional development.
Sector(s)
Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 45 million
Total cost (Approximate amount)
EUR 100 million
Environmental aspects
According to Promoter information, none of the components of this projects require an Environmental Impact Assessment (EIA) in accordance with the Directive 2011/92/EU as amended by Directive 2014/52/EU. This will be verified during appraisal. All else equal, the project is expected to have a positive environmental impact by helping the railways to maintain modal share in the market segments that are most appropriately met by rail. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation, pollution prevention due to electrification and thus replacing diesel traction with electric one.
Procurement
The Bank will require the Promoter to ensure that contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Under appraisal - 13/12/2024
