UzAFI – State Investment Committee of the Republic of Uzbekistan

02/11/2021 | Press release | Distributed by Public on 02/11/2021 15:01

Cengiz Enerji will build a thermal power plant in Tashkent region

The Turkish company Cengiz Enerji will build a thermal power plant with a capacity of 240 MW in the Tashkent region. It follows from the decree of the President dated to February 2 'On measures to organize the construction of the thermal power plant with a capacity of 240 MW in the Tashkent region'.

The Head of Uzbekistan approved an investment agreement between the Ministry of Investment and Foreign Trade of Uzbekistan and the Turkish Cengiz Enerji (investor) and Cenergo (Project Company).

The President also approved an agreement on the purchase of electricity between the National Electricity Networks of Uzbekistan JSC (NESU) and Cenergo.

According to this agreement, Cenergo undertakes to sell the generated electricity to 'NESU'. The document notes that 'NESU' will be guaranteed to purchase electricity for 25 years.

Earlier it was reported that the construction of the TPP would ensure the attraction of direct Turkish investments up to $ 150 million for, the creation of 500 new jobs during the construction period and 100 jobs during the operation of the power station.

The project will also make it possible to ensure the generation of available electricity for 2 billion kWh per year, which will allow diversifying the energy balance of the Republic, significantly reducing the consumption of natural gas spent on electricity generation.

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