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Uzbekistan Scaling Solar 2 Independent Power Producer

Abstract*

The development objective of the Scaling Second Solar Independent Power Producer (IPP) Project for Uzbekistan is to increase renewable energy generation through private-sector participation in Uzbekistan. The project component is construction and operation of two 220-MW solar power plants at each of Jizzakh and Samarkand, and purchase by the sovereign off-taker (NEGU) of electricity from these plants, supported through IBRD project-based payment guarantees.

* 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 Project Development Objective (PDO) is to increase renewable energy generation through private sector participation in Uzbekistan.

Key Details

Project Details

  • P174322

  • Active

  • Bahodir Amonov , Philip Lam

  • Ministry of Economy and Finance

  • Uzbekistan

  • May 27, 2021

  • (as of board presentation)

    March 7, 2023

  • N/A

  • US$ 450.00 million

  • National Electric Grid of Uzbekistan (NEGU)

  • Europe and Central Asia

  • 2023

  • US$ 0.00 million

  • N/A

  • December 19, 2024

  • July 1, 2025

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IBRD Guarantee 10.00

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** 450.00

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

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Nov 1, 2023 IBRD-G3940 Fee Charges 25,305.00
Nov 2, 2023 IBRD-G3920 Fee Charges 124,680.00
Nov 1, 2023 IBRD-G3940 Int Charges 25,305.00
Nov 1, 2023 IBRD-G3920 Fee Charges 24,680.00
Nov 1, 2023 IBRD-G3920 Int Charges 24,680.00
Mar 7, 2023 IBRD-G3930 Loan Commitment 12,000,000.00
Nov 2, 2023 IBRD-G3940 Int Charges 125,305.00
Nov 2, 2023 IBRD-G3940 Fee Charges 125,305.00
Nov 2, 2023 IBRD-G3920 Int Charges 124,680.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Satisfactory 2024-11-08
Financial Management Satisfactory 2024-11-08
Overall Implementation Progress (IP) Satisfactory 2024-11-08
Procurement Satisfactory 2024-11-08
Progress towards achievement of PDO Satisfactory 2024-11-08
Monitoring and Evaluation Satisfactory 2024-11-08

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Power generation capacity constructed (renewable/solar)Value0.00396.00440.00
    DateMarch 7, 2023September 11, 2024June 30, 2025
    Comment
  • Electricity supplied by the Project into the grid (renewable/solar)Value0.00437.861100.00
    DateMarch 7, 2023September 11, 2024June 30, 2025
    Comment
  • Private capital mobilizedValue0.000.00205000000.00
    DateMarch 7, 2023September 11, 2024June 30, 2025
    Comment
  • Greenhouse gas emissions avoidedValue0.0043380.00109000.00
    DateMarch 7, 2023September 11, 2024June 30, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Physical implementation progress in generation project constructed (percentage)Value0.0090.00100.00
    DateMarch 7, 2023September 11, 2024June 30, 2025
    Comment
  • Project commissioning test completedValueNoNoYes
    DateMarch 7, 2023September 11, 2024June 30, 2025
    Comment