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.
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.
This operation is covered by the ELM Political Risk Guarantee.
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).
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.
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.