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    Signature(s)

    Amount
    € 43,698,981
    Countries
    Sector(s)
    Uzbekistan : € 43,698,981
    Energy : € 43,698,981
    Signature date(s)
    29/04/2021 : € 1,210,650
    29/04/2021 : € 42,488,331
    Link to source

    Summary sheet

    Release date
    4 November 2020
    Status
    Reference
    Signed | 29/04/2021
    20190886
    Project name
    Promoter - financial intermediary
    UZBEKISTAN SOLAR IPP
    TOTAL EREN SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 44 million
    EUR 92 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    100 MW solar photovoltaic (PV) plant located in Samarkand region promoted by Total Eren.

    The development of solar energy will support national targets for renewable energy generation and contributes to the Bank's Environment (renewable energy) and Climate Action objectives. The project is fully in line with the strategic objectives set for the Bank's ELM 2014-2020 Mandate since it will contribute to reducing the growing electricity supply gap in Uzbekistan using renewable energy resources.

    Environmental aspects
    Procurement

    If the project were located within the EU it would fall under Annex II of the EIA Directive (2011/92/EU), requiring the competent authorities to determine whether an environmental impact assessment (EIA) is required. Details of the permitting process and its compliance with EIB Environmental & Social (E&S) standards and the principles of relevant EU Directives, as applicable, will be assessed during appraisal.

    The project falls under section 3.4.3 of the Bank's Guide to Procurement (GtP) for concession operations. Compliance with the Bank's GtP will be assessed during appraisal.

    Under ELM Guarantee

    This operation is covered by the ELM Political Risk Guarantee.

    Link to source
    Summary sheet
    Other links

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - UZBEKISTAN SOLAR IPP
    Publication Date
    16 Nov 2020
    Document language
    Main Topic
    Lending
    Document Number
    135057674
    Document Focus
    Environmental Information
    Project Number
    20190886
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - UZBEKISTAN SOLAR IPP
    Publication Date
    29 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    126906312
    Document Focus
    Environmental Information
    Project Number
    20190886
    Sector(s)
    Countries
    Publicly available
    Download now
    Stakeholder Engagement Plan (SEP) - UZBEKISTAN SOLAR IPP
    Publication Date
    21 Sep 2022
    Document language
    Main Topic
    Lending
    Document Number
    140658455
    Document Focus
    Environmental Information
    Project Number
    20190886
    Sector(s)
    Countries
    Publicly available
    Download now
    Other links

    Photogallery

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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