Uzbekistan signs $ 2 billion agreements with Saudi Acwa Power

The Ministry of Energy of Uzbekistan announced that the country has signed strategic agreements, valued at more than $ 2 billion, with Saudi developer Acwa Power to boost electricity generation and develop technical expertise.

The ministry added that the agreements include a 25-year electricity purchase agreement worth $ 1.2 billion, and will involve the construction and operation of a gas-fired power plant in Uzbekistan. Tashkent has called for bids on the project, which will support the country’s total capacity by 12%.

Uzbekistan had signed an agreement with the Emirati Masdar Company to build a 100 MW solar power plant, and has announced plans for three other solar power plants with a capacity of more than 200 MW.

On the other hand, Uzbekistan continues to work with the Russian company, Rosatom, to build a nuclear power plant.

Aasem Abuzeid

Aasem Abuzeid

Aasem Abuzeid is the Director for MENA Region. He acts as a leading marketer in Arabic-speaking countries. He is also the COO and lead-developer of NBN.
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Don’t Stop Here

Overseas nuclear power projects of China

At the end of May, four ministries and commissions including the National Development and Reform Commission and National Energy Agency jointly issued “Guidance Opinions on

Rosatom prospects in Africa

ROSATOM recently participated in the Power-Gen Africa, where it exhibited and presented its latest nuclear and renewable technologies. The conference gathered more than 3000 attendees

Scroll to Top