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Projects Database Map: Sirdarya 1,500MW CCGT Power Project

Remarks

-

Beneficiary

UZB

Start / End year

2021 - -

Sector

Energy

Sub-sector

Conventional energy

Project description

The Project involves the design, engineering, construction, operation, maintenance, and transfer of a 1,500MW greenfield combined-cycle gas turbine (CCGT) plant and associated infrastructure to be implemented as an Independent Power Producer (IPP) facility. The Project is being developed by ACWA Power, through a Project Company, which has entered into a 25-year Power Purchase Agreement with JSC National Electric Networks of Uzbekistan (NENU) in March 2020.

Expected Results

The key results indicators are: a) Improved generation efficiency b) Increased carbon efficiency c) Improved energy reliability

Project Phases

-

Implementing agency

EBRD, AIIB

Main partner

EBRD

Total budget by main partner

$ 165,412,000

Co-financing

Yes - AIIB 100, DEG 37, OFID 50, Commercial lenders 360 million USD

Budget of co-financing

€ 681,195,622.65

Total budget (original)

$ 1,023,635,072 (Exchange rate: 0.82706)

Loan budget

$ 548,866,022.65