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Uzbekistan Syrdarya Efficient Power Generation Project

Abstract*

The development objective of the Syrdarya Efficient Power Generation Project for Uzbekistan is to increase flexible and efficient electricity generation in line with a least-cost pathway to decarbonize power supply in Uzbekistan. The project component is construction and operation of a 1,573-MW combined-cycle gas-turbine (CCGT) power plant, and purchase by the sovereign off taker (NEGU) of electricity from the plant, supported by an International...

* 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 support efficient electricity generation and reduce greenhouse gas emissions through private investment in Uzbekistan.

Key Details

Project Details

  • P174323

  • Active

  • Bahodir Amonov , Philip Lam

  • Ministry of Economy and Finance

  • Uzbekistan

  • January 21, 2021

  • (as of board presentation)

    May 9, 2023

  • N/A

  • US$ 1400.00 million

  • National Electric Grid of Uzbekistan (NEGU)

  • Europe and Central Asia

  • 2023

  • US$ 0.00 million

  • N/A

  • Not Applicable

  • June 30, 2026

  • BANK APPROVED

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IBRD Guarantee 29.00

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** 1400.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 9, 2023 IBRD-G3910 Loan Commitment 29,000,000.00
Feb 29, 2024 IBRD-G3910 Fee Charges 245,000.00
Feb 29, 2024 IBRD-G3910 Int Charges 245,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Satisfactory 2024-09-27
Overall Implementation Progress (IP) Satisfactory 2024-09-27
Procurement Satisfactory 2024-09-27
Progress towards achievement of PDO Satisfactory 2024-09-27
Financial Management Satisfactory 2024-09-27
Monitoring and Evaluation Satisfactory 2024-09-27

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Power generation capacity units constructedValue0.000.001573.00
    DateApril 17, 2023September 20, 2024July 1, 2025
    Comment
  • Electricity supplied by the Project into the gridValue0.000.0012800.00
    DateApril 17, 2023September 20, 2024June 30, 2026
    Comment
  • Performance deemed compliant with PPA requirements on availability, efficiency, minimum stable load, start-up time and ramp ratesValueNoNoYes
    DateApril 17, 2023September 20, 2024June 30, 2026
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Private capital mobilized (equity/debt)Value0.000.00517000000.00
    DateApril 17, 2023February 8, 2024July 1, 2025
    Comment
  • Physical implementation progress in generation project constructedValue0.000.00100.00
    DateApril 17, 2023February 8, 2024July 1, 2025
    Comment
  • Project commissioning test completedValueNoNoYes
    DateApril 17, 2023February 8, 2024July 1, 2025
    Comment