The EBRD is to provide $25 million in funding for the modernisation of the Tashkent Pipe Plant

The company is expected to achieve savings of 22 per cent on natural gas and up to 35 per cent on electricity per year

The European Bank for Reconstruction and Development is providing a loan of up to $25 million to support energy efficiency measures at the Tashkent Pipe Plant (TPP) — a leading private manufacturer of finished steel products in Uzbekistan. This was reported by Kazinform.

The funding will be directed towards a large-scale upgrade of the plant’s production facilities:

1. Modernisation of the rolling mill. Replacement and upgrading of the drawing mill for the production of long steel products, in particular wire rod.
2. Upgrading of the pipe insulation workshop. Installation of energy-efficient equipment for the external insulation of large-diameter pipes.
3. Introduction of induction heating. Commissioning of a medium-frequency induction heating system, used for metal hardening, forging and heat fitting.

The project is designed not only to continue the modernisation of production but also to enhance the plant’s competitiveness in the market. Thanks to these new technologies, TTZ will be able to meet the growing demand for steel products in the country’s construction and infrastructure sectors.

The introduction of energy- and resource-saving technologies will enable the company to significantly optimise its costs. It is planned that the company’s natural gas consumption will be reduced by 22% annually. Electricity savings will reach up to 35% per year.

As reported by GMK Center, Uzmetkombinat plans to build a blast furnace with a capacity of 600,000 tonnes of pig iron per year. The project is estimated to cost $180 million, with implementation scheduled for 2026–2028. It is expected that launching in-house production will enable the company to replace imports worth up to $210 million.