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ACWA Power has signed power purchase agreements and investment agreements with the government of the Republic of Uzbekistan to develop the 1.5 GW Kungrad wind farm in the republic of Karakalpakstan, Uzbekistan.
RIYADH: Saudi Arabia’s ACWA Power has signed a power purchase agreement with the National Electric Grid of Uzbekistan to build three wind power plants in the Central Asian country. The $2.4 billion Kungrad wind farm project will be executed through special-purpose vehicles in the north-western Karakalpakstan region of Uzbekistan, ACWA Power said in a bourse filing to the