| Project Detail |
Location:
Uzbekistan
Project number:
54648
Business sector:
Manufacturing and Services
Notice type:
Private
Environmental category:
A
Approval date:
26 Jun 2024
Status:
Pending Approval
PSD disclosed:
17 Jun 2024
Project Description
The project entails the provision of a senior secured loan of up to US$ 55.4 million on a project finance basis, comprised of a Bash WPP Extension tranche of up to US$ 34.2 million and an Electrolyser tranche of up to US$ 21.2 million, to finance the construction of an integrated renewable hydrogen production facility consisting of a 20 MW electrolyser fed by greenfield 52 MW wind power plant to produce around 3,000 tonnes of renewable hydrogen annually. The electrolyser will be located in the Chirchiq City, Tashkent region, and the wind power plant will be in the Gijduvon district, Bukhara region. The wind facility will be collocated with the existing 500 MW EBRD-financed Uzbekistan Bash WPP.
Project Objectives
Through the financing of the integrated renewable hydrogen production facility, the project aims to support:
a) a first-of-its-kind renewable hydrogen production project in Uzbekistan and across Central Asia, providing a critical demonstration effect to stimulate further projects.
b) the decarbonisation of Uzbekistans ammonia sector.
c) increased renewable energy generation. |
