The Asian Development Bank’s outstanding loans to Karakalpakstan exceed $760 million — a fifth of its entire Uzbekistan portfolio — financing water treatment plants, road reconstruction and a 200-megawatt wind farm in one of Central Asia’s most climate-stressed regions.
The Asian Development Bank will lend Uzbekistan $200 million to reconstruct 60 substations, cut transmission losses and unlock grid capacity for at least 3.3 GW of renewable energy, under a loan signed in Bangkok on 15 October.
President Mirziyoyev has ordered a new Investors’ Council for the fuel and energy sector, chaired by Presidential Administration head Saida Mirziyoyeva, after companies including Acwa Power, EDF and Voltalia called for a standing mechanism to resolve land, grid and permitting delays.
