News about ADB: events, facts and developments on tafs uz.
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On October 27, the Board of Executive Directors of the World Bank approved a $100 million loan for modernizing electricity distribution systems. Together with the ADB loan ($200 million) and the government's contribution ($71 million), the total financing of the program reaches $371 million. The plan includes upgrading 60 substations, reducing losses and connecting at least 3.3 GW of 'green' capacity.
Otabek YusupovFrom October 14 to 16, Asian Development Bank Days were held in Karakalpakstan with a media tour for journalists. The remaining ADB loans to the region exceed $760 million — 20% of the bank's portfolio in Uzbekistan. The funds go to water supply, roads and wind energy, including the 200 MW Nukus-2 project.
Javlon TursunovThe Asian Development Bank has provided Uzbekistan with a $200 million loan to modernize the electricity distribution system. The agreement was signed on October 15. The program provides for the reconstruction of 60 substations, the introduction of digital control systems, and the creation of conditions for connecting at least 3.3 GW of renewable energy.
Dilnoza RahimovaUzbekistan and the ADB signed a $200 million loan agreement to modernize electricity distribution networks: upgrading 60 substations, digital management systems, reducing losses and emissions, and integrating at least 3.3 GW of renewable energy. The project became the ADB's first energy project under the mutual reliance mechanism with the World Bank. Later in October, the World Bank will consider additional financing of $100 million.
Dilnoza Rahimova
