The Asian Development Bank has approved a USD-60-million (UER 54.7m) loan to contribute to the investment needed for the construction of 25 MW of hydropower plants (HPPs) in Uzbekistan.
Six small-sized HPPs will join Uzbekistan’s power plant fleet as part of a single USD-75.3-million project, ADB said. Their capacity will range from 10 MW to mini and micro schemes totalling 1 MW. Completion is expected by end-2023.
The project will be delivered by Uzbekhydroenergo, a joint stock company in charge of overseeing the government’s programme to boost the country's hydropower capacity by 1,600 MW by 2030.
According to ADB, Uzbekistan exploits only 20%, or 1.9 GW, of its hydropower potential.
Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.