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Projects Database Map: Zarafshon Wind

Remarks

Lending volume only visible for IFC and EBRD. The actual share of private capital versus MDB loan cannot be specified at this stage

Beneficiary

UZB

Start / End year

2022 - -

Sector

Energy

Sub-sector

Wind Power

Project description

The project is to finance the construction and operation of a pilot wind project with 500 MW installed capacity located in the Tamdy District of Uzbekistan. This will be one of the first wind projects in Uzbekistan and one of the largest renewable energy projects in Central Asia.

Expected Results

-

Project Phases

-

Implementing agency

IFC, EBRD

Main partner

IFC

Total budget by main partner

$ 69,676,500

Co-financing

Yes - ADB(75), EBRD, JICA, commercial banks (TBC)

Budget of co-financing

€ 481,603,968

Total budget (original)

$ 593,400,000 (Exchange rate: 0.92902)

Loan budget

-

Zarafshon Wind