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    Uzbekistan

    Uzbekistan secures around $62 mn for electric buses and infrastructure development

    Uzbekistan secures around $62 mn for electric buses and infrastructure development

    Samarkand, a city in Uzbekistan, is set to receive $61.9 mn for the acquisition of electric buses and the enhancement of associated infrastructure, as per to a presidential decree released on January 23. 

    Photo: Electro buses in Uzbekistan
    Source: UzDaily
    The European Bank for Reconstruction and Development (EBRD) is extending a loan of $49 mn for the implementation of the projects, while the government will contribute $12.9 mn.

    The planned initiatives include the refurbishment of the city's bus parks and the construction of energy supply facilities. A significant portion of the funds will be allocated for procuring 100 electric buses and establishing 50 charging stations. These acquisitions, totaling $29.7 mn, will be sourced from the Chinese company Yutong.

    Six electric buses were already delivered in the spring of the previous year, with the remaining units expected to arrive in 2024 and 2025.

    To manage the electric buses effectively, a leasing arrangement with the private sector will be established through a competitive tender process. The lease agreements will be structured as gross contracts spanning seven years.

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    24.01.2024, 13:43   Comments (0)   2247
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