ELMED+: Owners' Engineering

About this project

<p>This contract is the support to STEG envisaged in the context of the</p><p>ELMED project and the infrastructure aspects related to the Owner¿s</p><p>Engineering. In particular:</p><p>¿ Project Oversight and Coordination: Recognizing the</p><p>substantial institutional capacity risks associated with</p><p>coordinating a complex interconnector involving HVDC</p><p>technology and submarine cable, the OE would play a critical</p><p>role in assisting STEG in the administration and supervision</p><p>of the design and construction of the Project. This supervision</p><p>extends to STEG's engagement with Terna and multiple</p><p>international financial institutions (IFIs), which are parallel</p><p>financiers of the project. The OE's oversight would help</p><p>navigate these intricate relationships and ensure effective</p><p>project coordination. Given the intricate nature of these</p><p>interactions, a well-defined Contract Management Plan</p><p>prepared by the OE is essential to establish clear roles,</p><p>responsibilities, communication channels, key performance</p><p>indicators, milestones, and reporting mechanisms.</p><p>¿ Technical Expertise: Considering STEG's limited experience</p><p>with HVDC technology, submarine cable interconnectors and</p><p>advanced dispatch center technologies, the OE's technical</p><p>expertise becomes crucial.</p><p>¿ Overall contract management support. The Consultant shall</p><p>administer the contracts, taking due regard of all relevant</p><p>c…

Goals

Sustainable Development Goals this project works towards

• 3Good Health and Well-being
• 4Quality Education
• 5Gender Equality
• 6Clean Water and Sanitation
• 7Affordable and Clean Energy
• 8Decent Work and Economic Growth
• 11Sustainable Cities and Communities
• 12Responsible Consumption and Production
• 13Climate Action
• 17Partnerships for the Goals

Published by

European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations · Other public sector

Sectors

Small and medium-sized enterprises (SME) developmentPublic sector policy and administrative management

Focus

Gender equality · Also contributesEnvironment · Also contributesGood governance · Main focusClimate mitigation · Also contributesClimate adaptation · Also contributes

Places

998 - Regional South

Funded by

European Commission

Implemented by

EUROPEAN INVESTMENT BANK*BANQUE EUROPEENNE D INVESTISSEMENT

Accountable

European Investment Bank (Trust fund via EIB like FEMIP, NIF, Interest subsidies...)

Passes funds through

Directorate-General for Neighbourhood and Enlargement Negotiations

Published by European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations to the International Aid Transparency Initiative (IATI), last updated 30 Jan 2025 and imported automatically. IATI identifier: XI-IATI-EC_NEAR-2024-PC-45585.

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