Uzbekistan implements large-scale reforms to strengthen energy industry neweurope.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from neweurope.eu Daily Mail and Mail on Sunday newspapers.
2021-04-02 06:36:07 GMT2021-04-02 14:36:07(Beijing Time) Xinhua English
TASHKENT, April 2 (Xinhua) Uzbekistan and the Abu Dhabi-headquartered energy company Masdar have decided to triple the capacity of the country s largest wind power plant under construction, the Uzbek Ministry of Investment and Foreign Trade said Friday.
The two sides signed an agreement on Thursday to increase the design capacity of the power plant located in the Zarafshon district of the central Navoi region from initial 500 MW to 1.5 GW, it said.
The initial project cost of 600 million U.S. dollars will also increase accordingly, and the partners will attract 1.8 billion dollars foreign direct investment.
Uzbekistan approves project to build country s first wind power plant - Xinhua xinhuanet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from xinhuanet.com Daily Mail and Mail on Sunday newspapers.
2020-12-23 13:36:14 GMT2020-12-23 21:36:14(Beijing Time) Xinhua English
TASHKENT, Dec. 23 (Xinhua) Uzbek President Shavkat Mirziyoyev has approved an investment agreement with the Abu Dhabi-headquartered energy company Masdar to build the country s first wind farm, the country s justice ministry said on Wednesday.
The 500 MW project will attract 600 million U.S. dollars of foreign direct investment, according to the ministry.
Uzbekistan has also agreed with Masdar on the construction of a 100 MW solar power plant. The two future plants will both be built in the central Navoi region.
The European Bank for Reconstruction and Development said this week that it will provide an equity bridge loan of up to 60 million dollars for this solar photovoltaic project.