According to the Bank’s website, the project consists of a loan of up to EUR 250 million in favour of the Republic of Uzbekistan, with loan proceeds to be on-lent to JSC Thermal Power Plants ("JSC TPP" or the "Company"), a wholly state owned power generation company incorporated in the Republic of Uzbekistan and the Bank's existing client, to finance its regulated operational expenses.
The loan proceeds will be used to finance working capital and operational liquidity needs in the aftermath of the COVID-19 crisis. The Project will provide immediate liquidity to the Company to support the Company's uninterrupted operations, ensuring the Company's appropriate preparation and maintenance ahead of the next winter season. The Project will combine immediate response with long-term reform objectives such as supporting decarbonisation and tariff reform.
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
|Private Actor 2 Sector
|JSC Thermal Power Plants
COMPANY CONTACT INFORMATION
JSC "Thermal Power Plants", International Cooperation and Investment Attraction Department - Rakhimov Aziz
+998 99 8005861
23 Bunyodkor Avenue 100097 Tashkent, Uzbekistan
ACCESS TO INFORMATION
You can request information by emailing: email@example.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: firstname.lastname@example.org or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html