Overview

China's Exim Bank loans $240 million USD to Uzbekhydroenergo for Hydropower Plant plant on Pskem River

Commitments (Constant USD, 2023)$255,390,331

Commitment Year•2017Country of Activity•UzbekistanSector•EnergyFlow Type•Loan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Nov 1, 2017

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Implementing agencies

Government Agencies

Uzbekhydroenergo JSC

Loan description

China's Exim Bank loans $240 million USD to Uzbekhydroenergo for Hydropower Plant plant on Pskem River

Interest type•Unknown

Narrative

Full Description

Project narrative

In November 2017, it was reported that China's Export-Import Bank pledged to loan $240 million to Uzbekhydroenergo for a hydropower plant on the Pskem River in the Bostanlyk district of the Tashkent region, Uzbekistan. The plant will cost a total of $800 million USD, with remaining other funding coming from Uzbekistan. Loan details are unknown. Design and survey works for the project began in mid-2017. The projected capacity of the plant will be 400 MW with an average annual output of 900 million kWh.