Uzbekistan to Invest in Modernizing its Energy Sector to Meet Growing Demand with Private Sector Participation and World Bank Support
Published on: Monday 08 May 2023
The World Bankâs Board of Executive Directors approved â¯a project contributing to the construction and operation of an energy-efficient natural gas-fired power plant in Uzbekistanâs Syrdarya region. Under the project, the World Bank will provide a payment guarantee of up to $29 million for the National Electrical Grid of Uzbekistan (NEGU) to support its obligations related to the new private power plant.
