UzbekEnergo announced that the consortium including the South Korean Hyundai Engineering and Hyundai Engineering & Construction won the tender for the modernization of Takhiatash Thermal Power Plant (TPP).
The consortium won the international competition for the project "Construction of two 230-280 MW combined cycle power plants (CCPP) at at Takhiatash TPP", having proposed a price of 457 million dollars. There were a total of 10 bidders from China, South Korea and Turkey.
The winner will perform the construction of two 250-280 MW CCGT on turnkey basis with decommissioning of old units. Completion period - 2.5 years. The contract will be signed before the end of December.
The project worth total of $ 678.2 million will be funded by a $ 300 million Asian Development Bank loan, US $ 230.7 million of the Fund for Reconstruction and Development of Uzbekistan and UzbekEnergo’s own funds.
The current capacity of Takhiatash GRES is 730 MW. The first unit was commissioned in 1956, the last (fifth) - in 1967. The power plant provides electricity to the north-west of Uzbekistan- the Republic of Karakalpakstan and Khorezm region.
In August, the consortium of South Korean Hyundai Engineering & Construction and Daewoo International Consortium has commissioned a new 450 MW CCPP at Talimarjan thermal power plant in Kashkadarya region. The contract value was approximately 860 million dollars.
