will finance the development, construction and operation of 1,500MW combined-cycle gas-fired power plant in the Syrdarya region of Uzbekistan. It will promote private sector participation in the energy market and strengthen the country’s generation fleet with a more efficient and reliable capacity. The Project is expected to lead to an estimated total system-wide savings of 2,611,000 tonnes of CO2 via the 1,539,000 tonnes CO2 savings due to decommissioning of inefficient units and further 1,072,000 tonnes of CO2 savings from the improved efficiency and reduced carbon intensity of the new plant.