The Ministry of Investments and Foreign Trade announced the results of an international tender for the construction of a 1,600 MW Thermal Power Plant in the Syrdarya region.

Ten companies from the PRC, South Korea, Japan, Saudi Arabia, UAE and France participated in prequalification, eight of which successfully passed this selection.

Based on the results of the evaluation of the submitted bids, «ACWA Power» (Saudi Arabia), «China Power International Holding Limited» (China) companies and consortium of «EDF» (France), «Nebras Power» (Qatar), «Investment Management B.V.» (Japan) companies were admitted to the opening of financial bids with electricity tariffs for the project in the Syrdarya region. 

The winner of the international tender for the thermal power plant project was declared to be consortium of «EDF» (France), «Nebras Power» (Qatar), «Investment Management B.V.» (Japan) companies with a tariff of 3,367 US cents per kWh of electricity generated.

The reserve winner of this tender is «Powerchina Resources Ltd» (China) with a tariff of 3,471 US cents per kWh of electricity generated.

It is expected that the TPP will be commissioned by mid-2025. The launch of the power plants will enable the generation of 12 billion kWh of electricity per year.

The implementation of this project will help Uzbekistan achieve its goals of increasing the volume of electricity, providing 1.5 million households with additional electricity, and also creating up to 1,000 new jobs during construction and 50 permanent jobs during operation.

The amount of attracted investments for the project is estimated at $1.2 billion.