Press Releases

signing ceremony

On Dec. 19, the Japan International Cooperation Agency (JICA) signed 3 loan agreements with the Government of Uzbekistan in Tokyo, to provide Japanese ODA loans of up to a total of 187.890 billion yen for the following three projects, aiming for high-quality infrastructure and industrial diversification.


(1) Navoi Thermal Power Plant Modernization Project (Phase 2) (loan amount: 128.246 billion yen)
(2) Electric Power Sector Capacity Development Project (Phase 2) (loan amount: 36.621 billion yen)
(3) Horticulture Value Chain Promotion Project (loan amount: 23.023 billion yen)

Details for the projects are provided below.

(1) Navoi Thermal Power Plant Modernization Project (Phase 2)
(a)Objective and Summary
The objective of the project is to strengthen the capacity for power supply and reduce fuel consumption by modernizing the Navoi Thermal Power Plant through constructing a highly efficient Combined Cycle Power Plant (CCPP), thereby contributing to stabilizing the reliability and increasing the efficiency of power in the country. The project will contribute to the achievement of SDGs Goals 7 and 9.

(b) Executing Agency
Joint Stock Company Thermal Power Plants
Address: 23,Bunyodkor Street,Tashkent,100097
Phone/Fax: +998-71-276-48-46

(c) Planned Implementation Schedule
1. Completion of project: April 2025 – when the facilities are put into service
2. Issuing of letters of invitation for consulting services (including construction supervision): February 2020
3. Tender announcement of initial procurement package for international competitive bidding on project construction:
Procurement package title: Construction Works
Release date: January 2021

(2) Electric Power Sector Capacity Development Project (Phase 2)
(a)Objective and Summary
The objective of the project is to establish a safe and sustainable operation and maintenance system for existing power plants by upgrading the equipment, supplying spare parts for regulatory inspection, and conducting skills development for operation and maintenance personnel of the targeted power plants, thereby contributing to highly efficient and reliable power generation in the Republic of Uzbekistan. The project will contribute to the achievement of SDGs Goals 7 and 9.

(b) Executing Agency
Joint Stock Company Thermal Power Plants
Address: 23,Bunyodkor Street,Tashkent,100097
Phone/Fax: +998-71-276-48-46

(c) Planned Implementation Schedule
1. Completion of project: December 2026 – when the operation and maintenance service contract is completed
2. Issuing of letters of invitation for consulting services (including construction supervision): February 2020
3. Tender announcement of initial procurement package for international competitive bidding on project construction:
Procurement package title: Operation and Maintenance Contract
Release date: August 2020


(3) Horticulture Value Chain Promotion Project
(a) Objective and Summary
The objective of the project is to support improved financial access and strengthening of horticulture value chains by supplying funds to horticulture crop growers and agro-related companies (end-users) through the accredited PFIs, and by providing technical assistance for improving the capacity of the PFIs, end-users and others. This will contribute to the development of the agriculture sector together with employment promotion through strengthening the export potential of horticulture crops. The project will contribute to the achievement of SDGs Goal 8.

(b)Executing Agency
Agency for implementation of projects in the field of agroindustry and food security)
Address: Shaykhontokhur, Labzak 1A, Tashkent
Phone/Fax : +998-71-241-49-22

(c) Planned Implementation Schedule
1. Completion of project: March 2025 – when the disbursement is completed
2. Issuing of letters of invitation for consulting services (including supervision): February 2020.
Although there will be no bidding for construction, procurement is expected to be implemented by the sub-projects funded by intermediary financial institutions.

Project title	Amount (million yen)	Annual interest rate (%)		Repayment period (years)	Grace period (years)	Procurement
		Project	Consulting services
Navoi Thermal Power Plant Modernization Project (Phase 2)	128,246	0.5	0.01	30	10	General untied
Electric Power Sector Capacity Development Project (Phase 2)	36,621	1.15	0.01	30	10	General untied
Horticulture Value Chain Promotion Project	23,023	1.0	0.01	25	7	General untied

• Ex-ante Evaliation of Navoi Thermal Power Plant Modernization Project (Phase 2)
• Ex-ante Evaliation of Electric Power Sector Capacity Development Project (Phase 2)
• Ex-ante Evaliation of Horticulture Value Chain Promotion Project