Uzbekistan to draw WB loan for railway electrification

Uzbekistan to draw WB loan for railway electrification

Tashkent, Uzbekistan, Nov. 8

By Demir Azizov- Trend:

Uzbekistan will draw a loan from the World Bank (WB) worth $60 million in early 2015 for the construction of the external power supply facilities of the Angren-Pap railway line in the Fergana Valley, Uzbekenergo State Joint Stock Company told Trend Nov. 7.

The project worth $62 million envisages the construction of infrastructure facilities, in particular, 110/220 kV high-voltage lines and traction substations for the 130 kilometer Angren-Pap railway line.

"The agreement on loan allocation has been reached," an Uzbekenergo representative said.

"Uzbekenergo specialists and WB experts are finalizing the project details. The first tenders were announced in November to purchase the equipment as part of this project, through the loans."

The loan is expected to be allocated through the International Bank for Reconstruction and Development (IBRD, part of the WB).

Uzbekistan started construction of the Angren-Pap new electrified railway in July 2013. The railway line with a length of 129 km would run through the Kamchik pass and link the three oblasts in the east of the country - Andijan, Namangan and Fergana - with the remaining part of Uzbekistan.

The project worth $1.9 billion is financed through the state budget, Uzbek railway company's own funds and loans of the international financial institutes. The construction is planned to be completed in late 2017.

A 19-kilometer tunnel under the Kamchik pass is planned to be constructed as part of the project.

Uzbekistan Railways State Joint Stock Railway Company and China Railway Tunnel Group signed a contract for tunnel construction worth $455 million in 2013. China Eximbank delivered a loan for the tunnel construction worth $ 350 million in 2013.

The Kamchik pass is on the Kurama Range at 1,200 meters above a sea level.

Through the pass is the only automobile route between the Tashkent region and the Pap district of the Namangan region "Tashkent -Osh" (A -373). This strategically important road is periodically closed in winter because of the threat of avalanches.

Iran say it would welcome US returning to nuclear deal
Iran say it would welcome US returning to nuclear deal
Iran announces readiness to commit its JCPOA commitments
Iran announces readiness to commit its JCPOA commitments
Iran's envoy reacts to IAEA chief's comments
Iran's envoy reacts to IAEA chief's comments
Loading Bars
Latest
Iran reveals its COVID-19 data for October 31
Uzbekistan’s 9M2020 carpet export down
Georgian CEC reveals voter turnout by 15 p.m.
Weekly review of Azerbaijan's precious metals market
Iran increases value of exports via Kerman Province
17 religious monuments damaged as result of Armenian aggression, including churches - Vusal Gasimli
Azerbaijani president's aide says Armenia shelled civilian districts even during Geneva meetings
Azerbaijani army destroys military equipment, manpower of Armenian Armed Forces (VIDEO)
Armenian Armed Forces continue shelling Azerbaijani settlements - Defense Ministry
Azerbaijan confirms 547 more COVID-19 recoveries
President Ilham Aliyev expresses condolences to President Erdogan
Azerbaijan only restoring its territorial integrity, top official says
UzAuto Motors eyes expanding financing opportunities by issuing Eurobonds
Iran implements new limitations to prevent COVID-19
Georian CEC introduces media with the information about voter turnout for 12:00
Armenia deliberately burns down forests in Shusha - Azerbaijani president's aide
Tehran city council calls for extending lockdown
Uzbekistan int’l consulting organizations to transform large state-owned enterprises
Iran to inject new foreign currency package
VTB Bank (Azerbaijan) completes 9 months with profit
Military conflict in Karabakh drives Armenia to dead end - Russian edition
President Ilham Aliyev expresses condolences to Berna Yilmaz.
Drilling operations in Iran's South Pars gas field to begin soon
Weekly review of Azerbaijani currency market
Russia warns Armenia about ban on import of tomatoes
Azerbaijani oil prices down
Russia responds to Pashinyan's appeal
Inflation coming down in Georgia - Finance Minister
Voting process at Georgian polling stations ongoing in peaceful environment - CEC
Kazakhstan’s KazTransOil opens tender for equipment repair services
Azerbaijani association talks importance of OSAGO insurance in country
Iran’s NICICO boosts its production
More people rescued from rubble in Turkish Izmir
Captured Armenian cleric admits his forced involvement in Karabakh clashes (VIDEO)
Azerbaijani president's aide voices his concern over tortures against old woman
Azerbaijani 'A Audit and Consulting' LLC talks about slowdown in audit services' dev't
Armenia delivering phosphorus cargo to Khojavend creating basis for further provocations - MoD
Long term loans value surges in Kazakhstan year-on-year
Uzbekneftegaz announces tender for turboexpander unit supply
Voting in parliamentary elections in Georgia continues normally - Arzu Nagiyev (PHOTO)
Iran and Russia reach to agreement on construction of thermal power plant
Azerbaijani FM forwards his condolences to Turkish people due to Izmir earthquake
Ukraine reports record daily high new coronavirus cases
Uzbek oil and gas production dep’t announces tender for feasibility studies
Loan portfolio of Azerbaijan AFB Bank grows
Elections proceeding peacefully, no serious violations so far in Georgia - Interior Ministry
President Ilham Aliyev interviewed by German ARD TV channel (PHOTO)
Uzbek-Korean Uz-Kor Gas Chemical to buy radiant tubes via tender
Uzbekistan’s Ministry of Innovative Development to buy light vehicles via tender
South Korean companies invited to enter Turkmen market more actively
Azerbaijani FM, ICRC Director General meet to discuss current situation in Karabakh
Armenia's barbaric crimes tantamount to actions of fascists - Mikhail Zabelin (PHOTO)
Reports about shelling of Shusha by Azerbaijani army - another lie, MoD says
Azerbaijan's largest loans share falls on household sector
Azerbaijan's PM meets Pakistani ambassador
Armenian reports on missile attack on Khankendi by Azerbaijani army - lie, says MoD
Azerbaijan develops website to fight spread of Armenian fake news
Presence of PKK terrorists in ranks of Armenian Armed Forces - fact, says aide to Azerbaijani president
Iran reveals value of fishery products exported from Gilan Province
Turkmen MFA opens tender for supply of technical equipment
October conscription for active military service ends in Azerbaijan
Georgia reports 1,673 new coronavirus cases
Uzbekistan reveals its COVID-19 data for October 31
Georgia decreases export to Kazakhstan amid COVID-19
Turkmenistan, Denmark's Haldor Topsoe continue discussions on gasoline plant construction
Azerbaijani-Iranian border outposts reopen after being liberated from Armenian occupation
Some international organizations silent on crimes committed by Armenia - expert
Another earthquake strikes Turkish Izmir Province
Prime Minister of Georgia votes in parliamentary elections
Iran's per capita income declines
Turkmenistan considers opportunities to attract investment to Caspian Sea
Azerbaijani, Georgian experts discuss issues on agenda via teleconference (VIDEO)
Turkmenistan improves transport infrastructure
Iranian currency rates for October 31
Armenian Armed Forces fire at Azerbaijani Aghjabadi district's village
Georgian President Salome Zourabichvili votes at parliamentary elections
Local and international election observer organizations monitor parliamentary elections in Georgia
Parliamentary elections being held with new election system in Georgia
Parliamentary Elections being held in Georgia
Azerbaijani products to be showcased at int’l exhibition in Shanghai
Azerbaijan's income from sales of pharmaceutical products increases
Propylene production grows in Azerbaijan
Azerbaijan investing in alternative energy dev't
Azerbaijan denies accusations on use of weapons prohibited by international law
Azerbaijani army fires back at Armenia firing points, which shelled Gubadli - MoD
Latest situation on battlefield on October 31
Azerbaijani Defense Ministry lists Armenian military equipment destroyed
Azerbaijani Tartar, Aghdam, and Aghjabedi districts come under artillery fire
Brazil's COVID-19 cases top 5.5 million with 159,477 deaths
24 dead in Izmir as magnitude 6.6 quake shakes Turkey’s west coast (UPDATE)
U.S. says Iranian hackers behind threatening emails accessed voter data
Israel's COVID-19 cases up by 587, tally reaches 313,701
Trump derides doctors as COVID surges, Biden says Trump 'giving up' on virus
Protesters clash with police over COVID-19 restrictions in Barcelona
U.S. COVID-19 cases surpass 9 mln -- Johns Hopkins University
COVID-19 remains public health emergency of international concern: WHO
Meeting of Jeyhun Bayramov with OSCE MG Co-Chairs and Armenian FM ends
Azerbaijan, Armenia reach new agreements following talks in Geneva
First Vice-President Mehriban Aliyeva offered condolences to relatives and loved ones of those killed as a result of earthquake in Izmir (PHOTO)
Azerbaijani army does not fire at civilians - MoD
All news