World Bank to Lend Uzbekistan $100 Million for Power Grid Modernization

The World Bank will provide Uzbekistan with a concessional loan of $100 million to improve the efficiency and reliability of the country's electricity distribution system.

Under the programme, 60 main substations across the country will be upgraded and digitalised. The project is also expected to create about 11,700 additional jobs over five years after the modernised infrastructure is commissioned.

By 2031, the modernised substations are expected to cut annual electricity losses by 20,000 MWh and allow at least 3.3 GW of renewable energy capacity to be integrated into the grid. The project is also expected to prevent greenhouse gas emissions equivalent to about 23,000 tonnes of carbon dioxide per year.