Uzbekistan, Tashkent, Apr. 8 / corr Trend D.Azizov /
The State Institute of Uzbekistan Heavy oil and gas chemical project announced a tender to acquire equipment for implementing an investment project with the cost of $10 million to establish production of power cables on the base of Uzkabel joint venture.
Uzkabel acts as a contractor. In accordance with the terms of the competition, tender bids are accepted by May 3. Bids will be unsealed May 4, the institute said.
A winner company will have to supply on "turn key" technological equipment to sep production of power cables with isolation from cross polyethylene with the tension up to 400 KW. The project capacity of the line is 200 kilometers a year. Term of realization of the project is one years.
The project with the estimate value of $14 million is realized by the Fund for Reconstruction and Development and direct investments of the JV founders.
At present Uzbekistan does not produce power cables of high tension and imports these products mainly from Russia.
Uzkabel is a huge manufacturer of cable and conductors products in the Central Asian region and CIS countries. The JV shareholders include Adel al Hussan General Trading Co. (UAE), which holds 63.96 percent of company's shares, and Swiss Zeromax GmbH - 14.75 percent. The production capacity of the plant is 50,000 tons of cooper rods, 9,800 tons of trolley wheels, 15,000 conventional kilometers of telephone cable and 8,300 conventional kilometers of geophysical cable for oil field.
There are four enterprises in Uzbekistan, which produce cable and conductor products -Uzkabel, Andijankabel, which is controlled by Russian Farial, Uzbek-German Deutsche Kabel AG Tashkent and Hi-Tech Cable.
The State Institute of Uzbekistan Heavy oil and gas chemical project was established in 2006 at the Uzbek Ministry of Economy to design in power engineering, oil and gas refining industry, chemical and heavy industry.