EBRD funds 500 kV transmission line in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to Muruntau in Navoi.

The project will ease grid bottlenecks, reduce electricity outages during peak demand, and support the integration of renewable energy sources. It aligns with Uzbekistan’s low-carbon development strategy, developed with EBRD’s assistance. 

The new line is expected to cut greenhouse gas emissions by 4,143 tonnes annually and reduce electricity losses by 34,636 MWh per year.

To date, EBRD has invested approximately EUR 5.3 billion in 171 projects in Uzbekistan.