The President Shavkat Mirziyoyev signed the Measures to implement investment projects "Construction of a 240 MW capacity combined cycle power plant with a and a 230 MW capacity gas piston power plant in Tashkent province" and "Construction of a 270 MW capacity gas piston power plant in Bukhara province Decree”, Norma said.
The Decree approved the investment agreements signed on January 20, 2021 between the government of Uzbekistan represented by the Ministry of Investment and Trade, Aksa Enerji Üretim A. 5. (Republic of Turkey) and design companies:
In line with the investment agreements, the investor and design companies shall draw foreign direct investment in the amount of US$ 450 million for each project, assuming possible risks.
National Electric Grids of Uzbekistan undertakes the obligation of guaranteed purchase of electricity and payment for electricity in national currency for 25 years.
