π Tender Overview
RELEASE DATE: 10 September 2026
STATUS: Approved | 08/09/2026
REFERENCE: 20230755
PROJECT NAME: ELECTRICITY NETWORK UPGRADES NORTH EAST HUNGARY
PROMOTER - FINANCIAL INTERMEDIARY: MAVIR MAGYAR VILLAMOSENERGIA-IPARI ATVITELI RENDSZERIRANYITO ZRT
PROPOSED EIB FINANCE (APPROXIMATE AMOUNT): HUF 60000 million (EUR 165 million)
TOTAL COST (APPROXIMATE AMOUNT): HUF 81016 million (EUR 223 million)
LOCATION: Hungary
SECTOR(S): Energy - Electricity, gas, steam and air conditioning supply
DESCRIPTION
Upgrades of the electricity transmission system in North-East Hungary in order to reliably serve increasing industrial, communal and residential demand, enable electrification and inclusion of renewable power generation.
OBJECTIVES
The project is expected to support the safe and efficient operation of the electricity transmission network in Hungary, to enable the promoter to maintain the reliability and quality of the electricity supply, and to contribute to the integration of renewable energy sources (RES) generation. Among other, the project will cater additional power requirements of (i) new industrial zones with multiple large scale manufacturing facilities and numerous smaller scale enterprises under development located in the less developed North-East region of Hungary (Debrecen, Nyiregyhaza); (ii) increased communal and residential demand due to electrification, economic developments and population growth attributable to new employment opportunities.