Uzbekistan signs investment deal for gas-fired TPP
Apr 20, 2021 11:40:am
Summary
by: Joseph Murphy
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Uzbekistan signs investment deal for gas-fired TPP
Uzbekistan's energy ministry has signed investment and power-purchase deals with a Dutch firm called Stone City Energy for the construction of a 1,560-MW thermal power plant (TPP) in the Surkhandarya region.
The Surkhandarya plant is due to go live by the end of 2024. Its construction is slated to cost $1.2bn. Stone Hill will design, finance, build, commission, operate and manage the TPP for 25 years. Its steam and gas units will be supplied by Germany's Siemens.
"The agreements signed with Stone City Energy are yet another example of Uzbekistan working with international partners for the benefit of the country," Uzbek energy minister Alisher Sultanov said. "Due to the country’s economic growth, and the growing needs of the population, we need to fulfil future energy demand. We look forward to working closely with Stone City in the years to come."