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Navoi Scaling Solar Independent Power Producer Project

Abstract*

The objective of the Navoi Scaling Solar Independent Power Producer (IPP) Project for Uzbekistan is to increase and diversify electricity generation capacity through private investment in Uzbekistan. The proposed project will be the country’s first competitively selected private investment in power generation, first grid-scale renewable energy project, and first World Bank guarantee operation in Uzbekistan, with strong demonstration effects in Central...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The development objective is to increase and diversify electricity generation capacity through private investment in the energy sector.

Key Details

Project Details

  • P170598

  • Closed

  • Ferhat Esen , Philip Lam, Maksudjon Safarov

  • Republic of Uzbekistan - Ministry of Finance

  • Uzbekistan

  • March 11, 2019

  • (as of board presentation)

    September 22, 2020

  • N/A

  • US$ 104.20 million

  • National Electric Grid of Uzbekistan (NEGU)

  • Europe and Central Asia

  • 2021

  • US$ 0.00 million

  • N/A

  • December 19, 2024

  • December 31, 2023

  • No

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IBRD Guarantee 5.10

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount N/A
Total Project Cost** 104.20

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

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Apr 18, 2022 IBRD-G3240 Int Charges 25,500.00
Nov 27, 2020 IBRD-G3240 Fee Charges 25,500.00
Nov 27, 2020 IBRD-G3240 Int Charges 25,500.00
Nov 28, 2020 IBRD-G3240 Fee Charges 125,500.00
Nov 28, 2020 IBRD-G3240 Int Charges 125,500.00
Oct 15, 2021 IBRD-G3240 Fee Charges 0.01
Oct 15, 2021 IBRD-G3240 Int Charges 0.01
Oct 18, 2021 IBRD-G3240 Fee Charges 19,561.63
Oct 18, 2021 IBRD-G3240 Int Charges 19,561.63
Sep 22, 2020 IBRD-G3240 Loan Commitment 5,100,000.00
Oct 17, 2023 IBRD-G3240 Fee Charges 25,500.00
Oct 17, 2023 IBRD-G3240 Int Charges 25,500.00
Apr 18, 2024 IBRD-G3240 Fee Charges 25,500.00
Apr 18, 2024 IBRD-G3240 Int Charges 25,500.00
Oct 17, 2022 IBRD-G3240 Fee Charges 25,500.00
Oct 17, 2022 IBRD-G3240 Int Charges 25,500.00
Apr 17, 2023 IBRD-G3240 Fee Charges 25,500.00
Apr 17, 2023 IBRD-G3240 Int Charges 25,500.00
Apr 18, 2022 IBRD-G3240 Fee Charges 25,500.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-02-23
Project Management Satisfactory 2024-02-23
Financial Management Satisfactory 2024-02-23
Monitoring and Evaluation Satisfactory 2024-02-23
Procurement Satisfactory 2024-02-23
Overall Implementation Progress (IP) Satisfactory 2024-02-23

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Power generation capacity constructed (renewable/solar)Value0.00100.00100.00
    DateSeptember 22, 2020February 15, 2024December 29, 2023
    Comment
  • Electricity supplied by the Project into the grid (renewable/solar)Value0.00273.83270.00
    DateSeptember 22, 2020February 15, 2024December 29, 2023
    Comment
  • Private capital mobilized (equity/debt)Value0.0055100000.0050000000.00
    DateSeptember 22, 2020February 15, 2024December 29, 2023
    Comment
  • Greenhouse gas emissions avoided (CO2)Value0.00158211.00156000.00
    DateSeptember 22, 2020February 15, 2024December 29, 2023
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Physical implementation progress in generation project capacity constructedValue0.00100.00100.00
    DateSeptember 22, 2020February 15, 2024June 30, 2022
    Comment
  • Project commissioning completedValueNoYesYes
    DateSeptember 22, 2020February 15, 2024June 30, 2022
    Comment