Nur Navoi Solar Holding Rsc Ltd planned to develop 100 MW Navoi Photovoltaic Power Station Project, in Navoi, Navoiy, Uzbekistan. SPECOIII Electric Power Construction Co Ltd was the EPC contractor. As transaction adviser, the International Finance Corporation assisted the Ministry of Investments and Foreign Trade and the Ministry of Energy to design and tender the PPP The project covered the construction of 100 MW power plant. The project company will also operate and maintain the plant for 25 years. This was the first IPP project in Uzbekistan and would promote Belt and Road Initiative.