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2019-08-20

Rehabilitation of the Tashkent heat supply system will cost $ 150 million of borrowed funds

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According to the Ministry of Public Services, rehabilitation of the heat supply system of the capital of Uzbekistan will cost $ 150 million of EBRD borrowed funds.

According to the information, on October 8, 2018, loan agreements were signed between the European Bank for Reconstruction and Development and Uzbekistan on the provision of loans in the amount of $ 100 and $ 50 million for the implementation of the projects “Improving the efficiency of the heat supply system in Tashkent” and “Rehabilitation of the heat supply system in . Tashkent ”with a maturity of 15 years, including a 4-year grace period.

In addition, Uzbekistan’s contribution to improving the efficiency of the heat supply system in Tashkent will amount to $ 29.93 million, including in the form of providing tax and customs benefits in the equivalent of $ 19.29 million and Toshissikkuvvati State Unitary Enterprise - $ 10.64 million .

From the information it follows that Uzbekistan will invest $ 10.96 million in rehabilitation of the heat supply system of the capital, including in the form of providing tax and customs benefits in the equivalent of $ 5.46 million and own funds of the State Unitary Enterprise “Toshkent Issiklik Markazi” - $ 5.50 million. The project implementation period is 4 years (2019 - 2022).

As previously reported with reference to the message of the Ministry of Finance, an agreement was signed between the khokimiyat of the city of Tashkent and the representative office of the Asian Development Bank in Uzbekistan to provide long-term rental (affermage) heating systems for the city of Tashkent on a public-private partnership.

It noted that under this agreement, the Asian Development Bank will evaluate proposals received from foreign companies as an exclusive consultant to the Tashkent city hokimiyat and, in accordance with the requirements of the current Law on Public-Private Partnerships, will conduct a tender selection, if necessary, among foreign companies. ADB consultants will help select the best option among the participants in signing a lease agreement with Toshissikkuvvati State Unitary Enterprise.

The main goal of implementing this project on the basis of PPPs is to attract experienced foreign companies in the field of housing and communal services for modernization and reconstruction of heating networks, eliminating current losses in the system and preventing accidents through the use of automated foreign IT technologies, as well as using modern management methods and processes in the heat supply of Tashkent.

Recall that in June this year, the Law on Public-Private Partnership (PPP) entered into force in Uzbekistan. According to the law, public-private partnership is a cooperation of public and private partners legally registered for a certain period of time, based on the pooling of their resources for the implementation of the PPP project.

The regulator in this area is the Agency for the Development of Public-Private Partnerships under the Ministry of Finance.

V. Novikov. nuz.uz