EBRD commits fresh funds for irrigation system upgrades in Uzbekistan
Uzbekistan, June 10 -- The European Bank for Reconstruction and Development (EBRD) is contributing to greater efficiency of Uzbekistan's irrigation system by providing a sovereign loan of up to US$ 250 million (€240 million) to the Ministry of Water Resources of Uzbekistan for upgrades to 110 pumping stations across the country.Used by the irrigation system in 10 regions, the modernised and energy-efficient pumps will help reduce electricity consumption by around 251,000 MWh and cut CO2 equivalent emissions by more than 117,000 tonnes a year. The Bank's financing will also be used to refurbish the associated infrastructure and equip it with roof solar panels. As part of its strategic commitment, the EBRD continues to invest in this im...
To read the full article or to get the complete feed from this publication, please
Contact Us.