ABR allocates $200 mln to Uzbekistan for modernization of 60 power substations

The document was signed on October 15 by ADB President Masato Kanda and Deputy Prime Minister, Minister of Economy and Finance of Uzbekistan Jamshid Kuchkarov. The program is aimed at reducing electricity losses and increasing the stability of power supply amid growing consumption.

As part of the project, the reconstruction and modernization of 60 key power substations are planned throughout Uzbekistan, as well as the introduction of digital network management systems. Measures are provided to strengthen the capacity of JSC "National Electric Networks of Uzbekistan", improve financial control and enhance the qualifications of employees.

According to the ADB, the implementation of the initiative will reduce the overload of transformers, create conditions for connecting at least 3.3 GW of renewable energy capacities and reduce annual greenhouse gas emissions by almost 23 thousand tons in CO₂ equivalent. Later in October, the World Bank management intends to submit for consideration by the Board of Directors the issue of allocating an additional $100 million for this program.