Renewable Energy Banking, Finance, Insurance and Securities (BFIS) Infrastructure and construction

Pilot Uzbek Green Tender

πŸ›οΈ ACWA POWER
πŸ“„ Tender ID: 500116970 πŸ“… Published: 03 Feb 2024

πŸ“‹ Tender Overview

Location: Uzbekistan
Project number: 55025
Business sector: Manufacturing and Services
Notice type: Private
EBRD Finance Summary: USD 5,500,000.00
Total Project Cost: USD 5,500,000.00

Project Description
The Project entails the provision of an equity bridge loan of up to US$ 5.5 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. The loan will be guaranteed by Joint Stock Company UzKimyoSanoat.

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 an important demonstration effect to stimulate further projects.

b) the decarbonisation of Uzbekistan's ammonia sector.

c) increased renewable energy generation.

Transition Impact
ETI score: 80
ETI score:80
The Project will contribute to the Green transition impact quality as the Project will introduce the first renewable hydrogen production project in Uzbekistan via the electrolysis technology. The Project is expected to have a clear demonstration effect for the development of a renewable hydrogen market through private sector participation in Uzbekistan and the wider region.

The Project is central to the EBRD's wider policy dialogue initiatives in the low-carbon hydrogen space and decarbonisation of the ammonia sector in Uzbekistan.

πŸ” Key Information

πŸ“„
Tender Reference No.
500116970
πŸ“…
Publication Date
03 Feb 2024
πŸ’°
Estimated Value
USD 5500000
🌐
Sector
Renewable Energy
πŸ“…
Deadline
31 Dec 2026
πŸ“
Notice Type
Projects
πŸ“
Location
Uzbekistan
πŸ“‘
Contract Duration
2 Years 10 Months 28 Days

πŸ“ Documents & Downloads

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# Document Name Type Action
1
T500116970.pdf
PDF

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πŸ•’ Submission deadline
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🧭 Quick Facts

Authority ACWA POWER
Country Uzbekistan
State / UT N/A
Tender Type Project Information
Currency USD
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