AIIB supports 1500 MW Sirdarya Combined Cycle Gas-Turbine (CCGT) Power Plant Project
The Asian Infrastructure Investment Bank (AIIB) has approved a US$100 million loan to ACWA Power Sirdarya LLC to support the construction of the Sirdarya 1,500 MW Combined Cycle Gas Turbines (CCGT) Power Project in the Republic of Uzbekistan.
The project, AIIB’s first nonsovereign-backed financing (NSBF) in Uzbekistan, aims to increase the availability of high-efficiency gas power generation capacity in the country.
The Government of Uzbekistan is implementing plans to meet the projected electricity demand and the long-term objective of ensuring reliable and efficient electricity supply while facilitating low-carbon transition toward carbon neutrality by 2050. The project is also in line with Uzbekistan’s Nationally Determined Contribution, which aims to decrease specific greenhouse gas emissions per unit of GDP by 10 percent by 2030 from 2010 levels.
Country updates
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November 02, 2021
EBRD selects advisors for 200 MW wind project procurement
Synergy Consulting has been appointed as the Transaction Advisor for the procurement of 200 MW Wind Project in Uzbekistan. A consortium led by Synergy Consulting, together with White & Case LLP a...
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September 30, 2021
ACWA Power wins 100 MW wind project tender in Uzbekistan
Saudi Arabia’s ACWA Power has been selected by the Ministry of Energy of Uzbekistan to develop and construct a 100 MW wind farm located in the Karakalpakstan region. The company...
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September 14, 2021
Proposals submitted for 100 MW wind project in Uzbekistan
The Ministry of Energy of Uzbekistan has announced that three firms have submitted proposals for the 100 MW onshore wind project in Karakalpakstan.
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September 06, 2021
Tender issued for 500 MW PV solar projects in Uzbekistan
The Ministry of Energy has launched the Request for Qualification to select independent power producers for the development of three solar PV plants in Uzbekistan.
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September 06, 2021
2_Tender issued for 500 MW PV solar projects in Uzbekistan
The Ministry of Energy of the Republic of Uzbekistan has launched the Request for Qualification (RFQ) stage of a tender to select independent power producers for the development of three solar PV plan...
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