Post - Articles

Uzbekistan signs deals worth $2 billion with Saudi’s ACWA Power

  • 6 years ago (2020-03-06)
  • David Flin
Asia 1063 Gas 485 Wind 303

Uzbekistan has signed more than $2 billion worth of strategic agreements with Saudi developer ACWA Power to boost electricity generation and develop technical expertise, according to an announcement by the Uzbekistan Energy Ministry. The deals include a 25-year PPA worth $1.2 billion which will see ACWA Power build and operate a gas turbine power plant in the country. The agreements also include a $550 million deal to build a wind power plant of unspecified size.

World Future Energy Summit 2027 (WFES 2027)
More info

World Future Energy Summit 2027 (WFES 2027)

The gas turbine power plant project, on which bids have been invited, will boost Uzbekistan’s total capacity by 12 per cent.