BAKU, Azerbaijan, Apr. 20
By Klavdiya Romakayeva - Trend:
Uzbekistan and Saudi ACWA Power discussed prospects for the construction of new wind power plants in the Karakalpakstan Republic in Uzbekistan with a total capacity of up to 1.5 GW, Trend reports referring to the Ministry of Investments and Foreign Trade of Uzbekistan.
The mentioned issue was discussed during a video conference held between Deputy Prime Minister, Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov and the Chairman of the Board of ACWA Power (Saudi Arabia), co-chairman of the Uzbek-Saudi Joint Business Council, Mohammed Abunayyan.
According to the Ministry, the sides discussed the implementation of current joint projects, as well as prospects for further expanding investment cooperation in the field of alternative energy.
Thus, the progress in the construction of a combined cycle thermal power plant with a capacity of 1,500 MW based on the Syrdarya thermal power plant was discussed, and tasks were set to accelerate the start of construction work for two wind power plants in the Bukhara region with a total capacity of 1 GW.
Also, it was announced that the company intends to expand its presence in Uzbekistan through the implementation of new large-scale investment projects. In particular, the parties exchanged views on the prospects for the construction of new wind power plants in the Karakalpakstan Republic with a total capacity of up to 1.5 GW.
It was noted that these projects are part of the program of the Government of Uzbekistan to diversify the country's energy balance, aimed at bringing the volume of electricity generated by the republic's wind farms to 3 GW by 2030.
“The implementation of these projects is also expected to reduce carbon emissions by 1.6 million tons per year, thereby contributing to the achievement of the goals set by the Government of Uzbekistan to transfer 25 percent of the country's energy capacity to renewable energy sources by 2030,” the message said.
Saudi ACWA Power specializes in the construction, design, financing and operation of power plants and industrial desalination facilities. The company employs about 3,500 people. The international presence of the Saudi company covers more than 12 countries in the Middle East, Africa, Central and Southeast Asia. The ACWA Power portfolio includes over 38.7 GW of generating capacity.
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