ADB approves $125m loan to improve Uzbekistan’s power transmission

This is in line with the Digitize to Decarbonize–Power Transmission Grid Enhancement Project.

The Asian Development Bank (ADB) will provide a $125m loan to Uzbekistan to support the Central Asian nation’s in improving its power transmission grid, energy efficiency, and deploying more renewable energy.

In a statement, ADB said the fund for the Digitize to Decarbonize – Power Transmission Grid Enhancement Project will be used to rehabilitate Uzbekistan’s 12 transmission lines with a total length of 359 kilometres, located in seven regions which include Bukhara, Fergana, Kashkadarya, Samarkand, Surkhandarya, Navoi, and Tashkent.

ALSO READ: ACWA Power inks deal for Uzbekistan wind, green hydrogen projects

This will also cover the finance for the reconstruction and modernisation of four 220-kilovolt substations in Faizabad, Obi-Khaet, Zafar, and Zafarshan.

A part of the project will be the digitalisation of the transmission grid by replacing old technology with modern high-voltage lines and substations to connect them with the supervisory control and data acquisition system.

ADB added that the project will reinforce the Nationa Grid of Uzbekistan’s corporate governance and project management capacity which will include the creation of strategic plans and gender-responsive policies, amongst others.

Follow the link for more news on

Asian Development Bank

Also Read

Smart grid funding fell by 33% in in the first nine months of 2024

Tata Power, IndusInd Bank to offer solar financing for MSEs

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

India’s Rajasthan and Gujarat need policy reforms to fuel RE transition

Some steps they could take are implementing green tariffs and setting infrastructure funds.

14 hours ago

Global clean energy tech market to hit $2t by 2035

This is fuelled by investments as countries aim to enhance energy security.The global clean energy technology market is projected to grow from $700b in 2023 to over $2t by 2035, nearing the scale of the crude oil market, according to the International Energy Agency (IEA).This growth is fuelled by significant investments in clean technology manufacturing as countries aim to enhance energy security, maintain economic competitiveness, and cut emissions. Investment is concentrated in regions with established positions in clean energy, particularly China, the European Union, the UK, and increasingly, India.Whilst the US, EU, and India have taken measures to support their clean energy sectors, China is expected to remain the world's manufacturing hub. By 2035, China's clean technology exports are forecasted to exceed $340b—comparable to projected oil export revenues from Saudi Arabia and the UAE.Southeast Asia, Latin America, and Africa contribute less than 5% of global cleantech production value, yet the IEA suggests that these areas still hold opportunities within the clean energy economy. Developing economies, for instance, could leverage competitive advantages to advance in the value chain beyond resource extraction.The IEA said Southeast Asia could become one of the most cost-effective regions for producing polysilicon and wafers for solar panels over the next decade.

15 hours ago

NSW OKs Liverpool Range Wind Farm expansion