China EXIM Bank Provides Loan of US$33 million for 500 kV overhead line “TSS Syrdarya – TSS Novo Angren' in Uzbekistan

China EXIM Bank Provides Loan of US$33 million for 500 kV overhead line “TSS Syrdarya – TSS Novo Angren' in Uzbekistan In 2012, the Export-Import Bank of China signed a preferential buyer’s credit (PBC) loan agreement with Uzbek Industrial and Construction Bank (JSC Uzpromstroybank) worth $33,019,250 for the construction of 130km 500 kV overhead transmission line (OHL) from the Syrdarya Thermal Power Plant (TPP) to the Novo-Angren Thermal Power Plant (TPP).

The Government of Uzbekistan provided a sovereign guarantee for the loan. Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.