SPV Transmission Line, Uzbekistan

500 MW-class transmission line, 8,000,000 MWh/year contracted throughput, 3-year construction (2026–2028); 70/30 debt/equity structure; tariff engineered to deliver exactly a 12.0% USD equity IRR; Equal-principal debt amortization over a 10-year tenor — minimum DSCR of 1.26x, above the ~1.20x threshold typical of IFI-backed infrastructure debt. Government of Uzbekistan will be the off-taker, and UFRD will contribute 25% of equity (~US$19.4m), and seeking a partner to contribute the other 75% (~US$58.19m) to make up the 30% of total project cost.