|Energy Efficiency Facility for Industrial Enterprises|
|Summary:||The objective of the project is to improve energy efficiency in Industrial Enterprises (IEs) by designing and establishing a financing mechanism for energy saving investments.|
There are two components to the project. The first component of the project is development of energy efficiency (EE) capacity. This component has several broad objectives:
The second component of the project is credit line to participating Banks. The Asaka, Uzpromstroy, and Hamkor Banks will sign sub-credit agreements with an allocation of US$8 million to on-lend to IEs to carry out EE investments.
|Funding Amount:||World Bank: $22,000,000|
Government of Uzbekistan: $10,000,000
|Links/Documents:||World Bank Project Page|
FEATURE: Uzbekistan: The Economics of Efficiency