Today on 16 of May, 2023, the mandate letter was signed on the allocation of corporate loan without state guarantee for the implementation of the energy project within the framework of the Annual Meeting of the European bank for Reconstruction and Development (EBRD) in Samarkand which is called “Investment in resilience”.

It is signed between EBRD and JSC “National Electric Grids of Uzbekistan” under the auspices of the Ministry of Energy of the Republic of Uzbekistan.

Notably, it will be implemented by the “Construction of a high voltage transmission line with a voltage of 500 kV connecting the Sarimay substation with the Muruntau substation” in the long term financed by the EBRD. Implementation of the project gives an opportunity to ensure stable of power transmission between the North-West, South-West and the Zarafshan energy hub of the Republic. Since it is essential in developing energy system for the country, the construction of transmission line with a length of 500 kV equal to 226 kilometers in the transmission of power generated through new wind farms with a capacity of more than 3 gVt, which is planned to be built in the north-western part of the Uzbekistan energy system.

At the current time, 4 projects are being carried out which is financed by the EBRD these are Besopan transmission line, Muruntau substation, Sarimay-Djankeldy transmission line and a 500 kV transmission line connecting Sarimai substation with Muruntau substation. The total investment cost of Besopan transmission line, Muruntau substation, Sarimay-DJankeldy transmission line is about US $ 225.7 million. 

Information service of JSC «NEG of Uzbekistan» 

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