Uzbekistan to receive corporate loan from EBRD for 500 kV line

Uzbekistan will receive a corporate loan without a state guarantee from the European Bank for Reconstruction and Development (EBRD) for the construction of a high voltage (HV) transmission line associated with two wind farms.

The value of the loan has not yet been disclosed by the involved organisations. A mandate letter has been signed between EBRD and the joint-stock company Uzbekenergo for the loan agreement. As part of the agreement, EBRD will allocate funds to Uzbekenergo for the construction of the 500 kV Sarymay–Zhankeldi transmission line, which will transmit electricity generated by the 500 MVA Bash and Dzhankeldy wind power plants located being developed in the Bukhara and Navoi regions of the country. As part of its energy reforms, Uzbekistan has been implementing energy-efficient technologies and upgrading its aging infrastructure, as well as developing clean energy sources.

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