Tunisia: 66 million Dollars to restructure the electricity network
3 September 2009
On Wednesday, 2 September, the African Development Bank (BAD) approved a loan of 87.83 million Tunisian Dinars (66.306 million Dollars) to upgrade the country’s electricity distribution networks.
The loan will go to finance a project with a total cost estimated at 82 million Dollars which involves the whole of Tunisian territory.
This involves principally renovating the electricity lines and substations for the medium and low voltage networks of the Tunisian Electricity and Gas Company (STEG).
The economic development of Tunisia and the increase in the demand for energy has meant that these systems have almost reached saturation point.
The work will allow for the production of energy to be boosted by increasing the number of electricity substations, as well as making the electricity distribution network in general more reliable and secure.
STEG will also be able to reduce the costs of maintenance and operation.<br/>