π Tender Overview
Location: Azerbaijan
Project number: 55197
Business sector: Municipal and environmental infrastructure
Notice type: State
Environmental category: A
EBRD Finance Summary: EUR 365,000,000.00
Total Project Cost: EUR 370,000,000.00
Project Description
A sovereign loan of up to EUR 370 million to the Republic of Azerbaijan (the "Borrower") for the benefit of the Azerbaijan State Water Resources Agency (the "Water Agency"), a government entity in charge of managing water resources in Azerbaijan. The Bank will support the reconstruction of water supply, sanitation and stormwater management network and the construction of the Wastewater Treatment Plant ("WWTP") in the city of Ganja (the "Project").
The Project will be implemented under the EBRD's Green Cities and aims to address the priority environmental challenge of 'water availability and quality' identified in the Ganja Green City Action Plan (GCAP). The Government prioritises the Project considering the acute need of improvement of deficient urban water and wastewater infrastructure in Ganja.
Project Objectives
Upon the Project completion it is expected that entire city of Ganja will be covered by uninterrupted water supply and wastewater sanitation services, and flood risks will be decreased by introducing a stormwater management system. The Project will also have significant positive environmental impact for the region by ensuring that the wastewater is treated before being discharged into the Ganja River.
Transition Impact
ETI score: 70
The Project is proposed as a follow-on investment under the Green Cities 2 Window II Extension 2.
The Project will promote the Green transition quality by improving water supply services, reducing water losses and ensuring adequate wastewater treatment in Ganja. The Project will also support the Well-governed transition quality through the development of a tailored Corporate Governance Action Plan.