Energy Efficiency Facility for Industrial Enterprises, Phase 3

Development Objective

The project objective is to improve energy efficiency in Industrial Enterprises (IEs) by designing and establishing a financing mechanism for energy saving investments.

Key Details

Project Details

Project ID
P165054
Status
Closed
Team Leader
Feng Liu , Pedzisayi Makumbe
Borrower 2
The Republic of Uzbekistan

Country
Uzbekistan
Disclosure Date
December 19, 2017
Approval Date
(as of board presentation)
January 30, 2018
Effective Date
N/A

Total Project Cost 1
US$ 332.00 million
Implementing Agency
Invest Finance Bank,Hamkorbank,Ministry of Economy,Uzpromstroybank,National Bank of Uzbekistan,Asia Alliance Bank,ASAKA Bank
Region
Europe and Central Asia
Fiscal Year 3
2018

Commitment Amount
US$ 200.00 million
Environmental Category
F
Last Update Date
November 13, 2023
Closing Date
May 31, 2024

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Parent Projects
P118737

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change100%
- FY17 - Mitigation100%
FY17 - Energy100%
- FY17 - Energy Efficiency100%
- FY17 - Energy Policies & Reform1%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	200.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	200.00
IDA Commitment	N/A
IBRD + IDA Commitment	200.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	332.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Leveraged amount of EE Investments Value 0.00 83000000.00 201000000.00
Date December 30, 2011 January 31, 2018 January 31, 2023
Comment
Energy savings Value 0.00 227000.00 613000.00
Date December 30, 2011 January 31, 2018 January 31, 2023
Comment
CO2 emission reduction Value 0.00 470000.00 1269000.00
Date December 30, 2011 January 31, 2018 January 31, 2023
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

EE Strategy for IEs Value Not developed Completed Completed
Date June 17, 2010 March 1, 2015 December 31, 2013
Comment
Establishment and Operation of PCU Value Not established Established Established
Date June 17, 2010 March 1, 2015 December 15, 2011
Comment
EE Communication Strategy Value Not developed Completed Completed
Date June 17, 2010 March 1, 2015 December 31, 2015
Comment
Number of beneficairy industrial enterprises Value 12.00 31.00 70.00
Date June 30, 2012 June 30, 2017 January 31, 2023
Comment
Co-financing amount by participating banks Value 0.00 27000000.00 96000000.00
Date December 15, 2011 September 30, 2017 January 31, 2023
Comment
Number of IEs which adopted Energy Management System Value 22.00 22.00 50.00
Date December 31, 2017 December 31, 2017 January 31, 2023
Comment
Amount of subloans to SMEs Value 0.00 0.00 30000000.00
Date June 30, 2018 January 31, 2023
Comment
SMEs' satisfaction with their engagement in the development of subprojects Value 0.00 0.00 80.00
Date June 30, 2018 January 31, 2023
Comment

Leveraged amount of EE Investments	Value	0.00	83000000.00	201000000.00
	Date	December 30, 2011	January 31, 2018	January 31, 2023
	Comment

Energy savings	Value	0.00	227000.00	613000.00
	Date	December 30, 2011	January 31, 2018	January 31, 2023
	Comment

CO2 emission reduction	Value	0.00	470000.00	1269000.00
	Date	December 30, 2011	January 31, 2018	January 31, 2023
	Comment

EE Strategy for IEs	Value	Not developed	Completed	Completed
	Date	June 17, 2010	March 1, 2015	December 31, 2013
	Comment

Establishment and Operation of PCU	Value	Not established	Established	Established
	Date	June 17, 2010	March 1, 2015	December 15, 2011
	Comment

EE Communication Strategy	Value	Not developed	Completed	Completed
	Date	June 17, 2010	March 1, 2015	December 31, 2015
	Comment

Number of beneficairy industrial enterprises	Value	12.00	31.00	70.00
	Date	June 30, 2012	June 30, 2017	January 31, 2023
	Comment

Number of IEs which adopted Energy Management System	Value	22.00	22.00	50.00
	Date	December 31, 2017	December 31, 2017	January 31, 2023
	Comment

Amount of subloans to SMEs	Value	0.00	0.00	30000000.00
	Date	June 30, 2018		January 31, 2023
	Comment

Energy Efficiency Facility for Industrial Enterprises, Phase 3

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS