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China Eximbank provides $24.8 million loan for the Dargom Canal Hydroelectric Power Plant Construction Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Uzbekistan |
| Country | Uzbekistan |
| Start Date | Jan 01, 2019 |
| End Date | Sep 30, 2026 |
| Duration | 2,829 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 91796 |
Grant Description
China Eximbank provides $24.8 million loan for the Dargom Canal Hydroelectric Power Plant Construction Project In 2019, China Eximbank and the Government of Uzbekistan signed a $24,810,900 loan agreement for the Dargom Canal Hydroelectric Power Plant Construction Project.
The borrower is expected to use the loan proceeds to partially finance the total project (commercial contract) cost of $30 million. Uzbekhydroenergo is expected to provide $5.8 million of counterpart financing.
The purpose of the project is to construct the 7.2MW Shaudarskaya small hydroelectric power station and a small, 7.4 MW hydroelectric power station at picket 135 + 50. Both power stations will be located on the Dargom canal in Samarkand region.
The two stations, upon completion, are expected to annually generate 37.8 million kWh and 34.3 million kWh, respectively.
Staff Comments
- This project is also known as the “Construction of a hydroelectric power station on the Dargom Canal” Project. The Uzbek project title is Строительство Шаударской малой ГЭС на канале Даргом, строительство малой ГЭС на пикете 135+50 канала Даргом в Самаркандской области.
- The proceeds of the loan may have been on-lent to Uzbekhydroenergo. This issue warrants further investigation.
Sources & References
- ABOUT APPROVAL FEASIBILITY STUDY INVESTMENT PROJECT 'CONSTRUCTION SHAUDAR SMALL HPP ON THE CANAL DARGOM
- CONSTRUCTION OF A SMALL HPP AT THE 135+50 STATION OF THE DARG CHANNEL IN THE SAMARKAND REGION', В Самаркандской области построят две новых малых ГЭС: с финансированием проектов поможет КНР, Силовые машины реализуют проекты строительства малых ГЭС в Узбекистане
- ON APPROVAL OF THE FEASIBILITY STUDY OF THE INVESTMENT PROJECT 'CONSTRUCTION OF THE SHAUDARSKAYA SMALL HYDROELECTRIC POWER STATION ON THE DARGOM CANAL
- CONSTRUCTION OF A SMALL HYDROELECTRIC POWER STATION AT PICKET 135 + 50 OF THE DARGOM CANAL IN THE SAMARKAND REGION'
- CEB will provide $65.5 million for the construction and modernization of hydropower plants
- China to provide Uzbekistan with $ 25 million loan for HPPs construction
- China to provide $25M for construction of hydroelectric power plants in Uzbekistan
- On Approval Technical and and Economic Substantiation Investment Project 'Construction Shaudar Small Hydro Power Plant on the Channel Dargom Construction of a Small Hydro Power Plant on the Channel Dargom Construction of a Small Hydropower Station on Picket 135+50 Channel Dargom in Samarkand Region
- China Allocated $65 Million to Uzbekistan for Construction and Repair of Hydropower Plants
- The state debt of the Republic of Uzbekistan, О МЕРАХ ПО РЕАЛИЗАЦИИ ДОГОВОРЕННОСТЕЙ, ДОСТИГНУТЫХ ПО ИТОГАМ ПЯТОГО ЗАСЕДАНИЯ МЕЖПРАВИТЕЛЬСТВЕННОГО КОМИТЕТА ПО СОТРУДНИЧЕСТВУ РЕСПУБЛИКИ УЗБЕКИСТАН С КИТАЙСКОЙ НАРОДНОЙ РЕСПУБЛИКОЙ 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.
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Government of Uzbekistan
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