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EBRD promotes energy efficiency in Uzbekistan’s steel production sector

Uzbekistan Materials 29 September 2022 17:45 (UTC +04:00)
EBRD promotes energy efficiency in Uzbekistan’s steel production sector
Natavan Rzayeva
Natavan Rzayeva
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BAKU, Azerbaijan, September 29. The European Bank for Reconstruction and Development (EBRD) is promoting energy efficiency in Uzbekistan’s steel production sector by supporting operations of the Tashkent Pipe Plant (TPP), the country’s leading private manufacturer of prefabricated steel products, Trend reports via the bank.

A senior EBRD loan of up to $15 million will allow TPP to launch the production of longitudinal submerged arc-welded pipes (LSAW) and gradually reduce the output of the spirally submerged arc-welded pipes (SSAW).

LSAW pipes, with superior ductility, weld toughness and sealing, are widely used in such areas as construction, central heating, water supply, and sewage treatment. This is particularly important for the state, the economy of which is set to grow by around 6 percent in the coming years. This growth, among other factors, is driven by greater demand for new housing required for Uzbekistan’s increasing population.

The method of welding the pipes longitudinally requires significantly less energy than spirally and also increases their durability. The project is also aiming to reduce TPP’s annual Carbon dioxide (CO2) emissions by more than 1,100 tones.

This green financing is part of the Bank’s Green Economy Transition (GET) approach in line with which the EBRD is planning to scale up its climate and environmental finance to make more than 50 percent of its annual investment green by 2025.

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