The World Bank’s Board of Executive Directors approved the 10-year Regional Electricity Market Interconnectivity and Trade (REMIT) Program, a three-phase initiative to establish Central Asia’s first regional electricity market, increase cross-border electricity trade, expand transmission capacity, and prepare the system for large-scale renewable energy integration. Phase one will support the Kyrgyz Republic, Tajikistan, Uzbekistan and the Central Asian Countries’ Coordinating Dispatch Center (CDC) Energia through USD 143.2 million in grants and concessional financing, including USD 140 million from the International Development Association (IDA) and USD 3.2 million in grants from the Central Asia Water and Energy Program (CAWEP). Over the next decade, the program targets electricity trade of at least 15,000 GWh annually, transmission capacity of 16 GW, and enablement of up to 9 GW of clean energy resources; the first phase is expected to enable around 900 MW of new clean energy capacity leveraging USD 700 million in private investment. CDC Energia will implement market and institutional work, national transmission companies will deliver grid investments, and a Regional Steering Committee of energy ministries and implementing agencies will oversee implementation. Future phases are set to expand the market platform, reinforce and digitalize regional transmission networks, and strengthen regional institutions.
World Bank 2026-01-22
World Bank approves REMIT program to establish Central Asia’s first regional electricity market with USD 1.018 billion indicative financing
The World Bank's Board approved the 10-year REMIT Program to establish Central Asia's first regional electricity market, enhance cross-border trade, and integrate renewable energy. Phase one involves USD 143.2 million in grants and concessional financing to support Kyrgyz Republic, Tajikistan, Uzbekistan, and the Central Asian Countries’ Coordinating Dispatch Center Energia, aiming for significant increases in electricity trade, transmission capacity, and clean energy resources over the next decade.