The Dutch company Stone City Energy will build a thermal power plant in the Surkhandarya province. An electricity purchase agreement from the future thermal power plant was signed on April 19, the Ministry of Energy said.
According to the Ministry of Energy, the deal under the public-private partnership terms was signed by JSC National Electric Grids and Stone City Energy.
The 1,560 MW TPP project estimated cost is US$ 1.2 billion. The project launch date is the end of 2024.
“Due to the use of modern technologies, the new TPP with an annual consumption of 2.2 BCM of natural gas, will save 1.1 BCM. The efficiency will be 63%,” the statement said.
As part of the project, steam and gas units of HL class manufactured by Siemens Energy will be introduced with over 2,000 jobs to be created.
Since December 2020, a study has been carried out, as a result of which 150 hectares of land have been allocated for the project in Angor district of Surkhandarya province.
According to the documents, the investor will design, finance, build, commission, operate and manage this thermal power plant for 25 years.
In February, a presidential decree approved an investment agreement on the construction of a thermal power plant with a capacity of 240 MW in the Tashkent province. Turkish Cengiz Enerji became the investor of the project.
In January, the project for the construction of the Syrdarya TPP was launched. Two wind farms will also be built in Bukhara and Navoi provinces. It is planned to develop hydrogen energy. Saudi ACWA Power participates in all projects.