The European Bank for Reconstruction and Development approved a $66.4 million loan to fund the construction of a 230-kilometer high-voltage transmission line in Uzbekistan’s Khorezm region.
The World Bank allocated $3.5 million in the form of a bank guarantee for Uzbekistan to enable the National Electric Grid to purchase electricity from a new solar power plant in Khorezm region. The plant will be constructed by French company Voltalia.
EBRD loaned Uzbekistan up to $238 million to reconstruct the road Urgench — Khonqa — Hazorasp — Toshsoqa — Amudaryo — A380 highway in Khorezm region, and build a bridge over the Amudaryo river. Following the reconstruction, the one-lane road will be expanded into a two-lane highway.
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