Czechia is set to modernize and expand its electricity network with a €380 million loan from the European Investment Bank (EIB), supporting the country’s transition to a more reliable and resilient power system. The funding will enable the national transmission-system operator, ČEPS a.s., to refurbish and extend high-voltage infrastructure, covering over 500 kilometres of 400 kV lines by 2030. This multi-investment programme aims to reduce the risk of outages and improve the management of electricity flows to meet future demand.
A recent tranche of CZK 6.8 billion was signed in Prague, following an earlier CZK 2.5 billion tranche, with EIB financing covering up to 75% of the project costs. The programme includes doubling existing transmission lines, constructing new substations, installing transformers, and refurbishing older corridors, ensuring a robust and modernized electricity network across the country.
The project also aligns with broader European goals, advancing the REPowerEU initiative, which seeks to reduce dependence on Russian fossil fuels, diversify energy supplies, and accelerate the green transition. By strengthening the Czech transmission grid, the project contributes to EU energy-system resilience while supporting renewable energy integration and climate-neutral objectives.
The EIB has a longstanding partnership with ČEPS, providing financing for prior grid modernization projects. In recent years, the bank has increased support for electricity infrastructure and clean-energy initiatives across the EU to meet climate and energy security goals. This project exemplifies the EIB’s continued commitment to enabling reliable, sustainable, and future-ready energy systems.
