Uzbekistan, Tashkent, Oct. 26 /Trend, D.Azizov/
President of Uzbekistan Islam Karimov has approved the basic parameters of the feasibility study (FS) on the construction of 500 kV line substation Sogdiana-Talimarjan TPP with outdoor switchgear 500kV at Talimarjan TPP worth $188.4 million, a source in Uzbekenergo state joint-stock company told Trend.
According to the document, the construction of 500 kV line substation Sogdiana-Talimarjan TPP in length of 218 km will be implemented in 2011-2015, said the source.
Previously, the project cost was estimated at $152.8 million, its implementation planned to be implemented in 2011-1013, respectively.
The project will be financed through a loan from the World Bank (WB) in amount of $110 million, approved in March this year, and own funds of Uzbekenergo.
Loan funds will be allocated from the International Bank for Reconstruction and Development under a guarantee from the Uzbek government for 25 years, including a five-year grace period, at a rate based on LIBOR.