EBRD provides $66.4M loan for Uzbekistan's new 230 km high-voltage line to boost renewables and reduce emissions.

The European Bank for Reconstruction and Development (EBRD) will provide a $66.4 million loan for the construction of a 230 km high-voltage transmission line in Uzbekistan. The project, which connects the Khoresm and Navoi regions, aims to reduce electricity outages, support renewable energy integration, and decrease greenhouse gas emissions by 4,143 tonnes annually. EBRD has invested about 5.3 billion euros in 171 Uzbek projects since 1992.

December 26, 2024
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