ADB $200 million loan to help modernize Uzbekistan’s electricity distribution system
Asian Development Bank (ADB) President Masato Kanda on 15 October met Uzbekistan Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov and signed a $200 million loan agreement to modernize the country’s electricity distribution system, cut power losses, and improve reliability as electricity demand rises, the Bank said. “A reliable power supply is