| Financier | Commitments |
|---|---|
| IBRD Guarantee | 12.00 |
Uzbekistan Solar and Renewable Energy Storage Project
Abstract*
The development objective of the Solar and Renewable Energy Storage (USRES) Project for Uzbekistan is to increase private sector led renewable energy supply in Uzbekistan. The project comprises of one component, construction, and operation of a 250 MW solar power plant and 63 MW/126 MWh of battery energy storage system (BESS) by Abu Dhabi Future Energy Company PJSC - Masdar at Bukhara site and power purchase by the state-owned off-taker (NEGU) supported... Show More
Development Objective
The Project Development Objective (PDO) is to increase private sector led renewable energy supply in Uzbekistan.
Key Details
Project Details
P181434
Active
Bahodir Amonov , Philip Lam, Joern Huenteler
Ministry of Economy and Finance
March 31, 2021
(as of board presentation)
January 3, 2024
N/A
US$ 435.00 million
National Electric Grid of Uzbekistan (NEGU) Joint Stock Company
2024
US$ 0.00 million
N/A
December 19, 2024
December 31, 2025
BANK APPROVED
Finances
Financing Plan (US$ Millions)
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** | 435.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jul 31, 2024 | IBRD-G4120 | Loan Cancel | 2,747,430.00 |
| Jan 3, 2024 | IBRD-G4120 | Loan Commitment | 12,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-06-24 |
| Monitoring and Evaluation | Satisfactory | 2024-06-24 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-06-24 |
| Project Management | Satisfactory | 2024-06-24 |
| Procurement | Satisfactory | 2024-06-24 |
| Financial Management | Satisfactory | 2024-06-24 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Electricity supplied by the Solar PV plant into the grid (renewable/solar) Value 0.00 0.00 586000.00 Date June 19, 2024 June 19, 2024 December 31, 2025 Comment BESS capacity available to provide grid services and electricity backup into the grid Value 0.00 0.00 63.00 Date June 19, 2024 June 19, 2024 December 31, 2025 Comment Private capital mobilized (equity/debt) Value 0.00 0.00 132000000.00 Date June 19, 2024 June 19, 2024 December 31, 2025 Comment Greenhouse gas emissions avoided Value 0.00 0.00 68359.00 Date June 19, 2024 June 19, 2024 December 31, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Physical implementation progress in solar PV plant Value 0.00 0.00 100.00 Date June 19, 2024 June 19, 2024 December 31, 2025 Comment Physical implementation progress in BESS Value 0.00 0.00 100.00 Date June 19, 2024 June 19, 2024 December 31, 2025 Comment PV plant commissioning completed Value No No Yes Date June 19, 2024 June 19, 2024 December 31, 2025 Comment BESS commissioning completed Value No No Yes Date June 19, 2024 December 31, 2025 December 31, 2025 Comment