This project aims to eliminate bottlenecks in the energy grid and reduce the frequency of power outages, particularly during peak demand periods. It will also facilitate the integration of renewable energy sources in line with Uzbekistan's low-carbon energy sector development strategy, which has been developed with the support of the Bank.
The project is expected to cut greenhouse gas emissions by 4,143 tons per year and decrease annual electricity losses by 34,636 MWh.
To date, the EBRD has invested approximately 5.3 billion euros in 171 projects across Uzbekistan.