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

Funder	China (People's Republic of)
Recipient Organization	Uzbekistan
Country	Uzbekistan
Start Date	Mar 07, 2017
End Date	Nov 15, 2032
Duration	5,732 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`54144`

Grant Description

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