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Islamic Development Bank gives Uzbekistan $100 mln loan for modernizing two HPPs

Posted on 09 November 2012

Uzbekistan has raised a $100 million loan from the Islamic Development Bank for the modernization two hydroelectric power plants in the Tashkent region, Farkhad HPP and HPP-14 of the Lower Bozsui Cascade.
A source in the government circles told Interfax that representatives from the bank and the Uzbek government signed a loan agreement on Tuesday in Tashkent during a meeting of the Arab Coordination Group………………………………………..Full Article: Source

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