π Tender Overview
STATUS
Proposed
MEMBER
Uzbekistan
SECTOR
Energy
E&S CATEGORY
Category B
PROJECT NUMBER
000905
FINANCING
PROPOSED FUNDING AMOUNT
USD80 million
FINANCING TYPE
Nonsovereign
TIMELINE
CONCEPT REVIEW
July 25, 2024
OBJECTIVE
To increase the renewable energy generation capacity through the construction of a 200MW wind power plant and 100MWhr Battery Energy Storage System in the Republic of Uzbekistan.
DESCRIPTION
The project involves the development, construction, and operation of a wind power plant of 200MW capacity, a 100MWhr Battery Energy Storage System (BESS), expansion of a 220kV switching station and 2x42 km double circuit 220kV Overhead Transmission Line (OHTL) connecting to an existing grid substation. The proposed project site is in the Karatau mountain region in Beruniy and Qorao'zak Districts in Karakalpakstan, Northwestern Uzbekistan.
A 25-year PPPA has been awarded to ACWA through a competitive tender and signed on March 28, 2024, with the National Electric Grid of Uzbekistan (NEGU) as the Public Partner (off taker). A project SPV β Private Partner (ACWA Power Beruniy Wind FE LLC) has been established and will serve as the borrower for the respective plant.
ENVIRONMENTAL AND SOCIAL INFORMATION
Applicable Policy and Categorization. AIIBβs Environmental and Social Policy (ESP), including the Environment and Social Standards (ESSs) and the Environmental and Social Exclusion List (ESEL), will apply to this Project. ESS 1 (Environmental and Social Assessment and Management) and ESS 2 (Involuntary Resettlement) are applicable to the ES aspects of the Project. The Project includes development of wind turbines, battery energy storage system and 220 kV overhead transmission line (OHTL), Category B is assigned as the Project will have a limited number of potentially adverse environmental and social impacts during construction and operation phases. Asian Development Bank (ADB) is considering participating in the financing as a senior lender (project finance) and they have categorized as B for environment and B for involuntary resettlement.
Environmental and Social Instruments: The client has prepared an Environmental and Social Impact Assessment (ESIA) including Environmental and Social Management Plan (ESMP), non-technical summary of the ESIA (NTS), stakeholder engagement plan (SEP) and is currently finalizing the Land Acquisition and Livelihood Restoration Plan (LALRP). Critical Habitat Assessment (CHA) for the Project has been carried out and biodiversity management measures have been prepared. Lendersβ Environmental and Social Advisor (LESA) hired by the Project carried out environmental and social due diligence (ESDD) and reviewed the project ES documents as well as the clientβs ES management capacity. The ESDD report and draft environmental and social action plan (ESAP) prepared for the Project will be finalized before the Project approval.
Environmental Aspects: The environmental impacts linked with the con