Masdar wins 400MW solar plants tenders in Uzbekistan

Masdar has won tenders for two solar power plants

  
Solar panels are seen at a solar power facility in Nakai town, Kanagawa prefecture, Japan, March 1, 2016.Image used for illustrative purpose.

Solar panels are seen at a solar power facility in Nakai town, Kanagawa prefecture, Japan, March 1, 2016.Image used for illustrative purpose.

REUTERS/Issei Kato
Abu Dhabi Future Energy Company (Masdar) has won tenders for two key solar power plants in Uzbekistan, being implemented on a public-private partnership (PPP).
 
The PPP projects, coming up in Jizzakh and Samarkand regions, will soon add over 400 MW of clean and renewable energy to Uzbekistan’s energy mix.
 
The Ministry of Energy of Uzbekistan has announced that Masdar was awarded the project in the Jizzakh region for its lowest bid to supply solar power at 1.823 US cents per kilowatt hour, while it won the Samarkand project for its lowest offer of 1.791 US cents per kilowatt hour.
 
Alisher Sultanov, Minister of Energy, said: "Uzbekistan is making huge strides towards producing and providing ‘green energy’ for its population, decreasing the country’s dependence on fossil fuels and reducing overall CO2 emissions."
 
"These projects are key components of our ambitious, wider energy strategy to develop environmentally friendly renewable sources of energy to meet growing electricity demand," he stated.
 
"We are proud to be working with the IFC, the World Bank and other international partners as we join the international community of solar power generators," he added.
 
The tender attracted seven compliant bids for the Jizzakh site, and six compliant proposals for the Samarkand site.
 
Uzbekistan has been working closely with the IFC to open up the country’s power sector to private investments, and attracting foreign capital in an efficient and transparent manner.
 
The plants are part of a wider programme by Uzbekistan to develop 8 GW of solar and wind capacity by 2030, said Sultanov.
 
Once implemented, the project will develop Uzbekistan’s huge solar potential, help reduce annual greenhouse gas emissions by 160,000 tonnes of CO2 equivalent, and generate an additional 270 GWh of electricity.-TradeArabia News Service

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