How Central Asians Pushed Chinese Firms to Localize
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Commersant ge | Masdar signs deal to develop $200m solar project in Azerbaijan
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Masdar signs deal to develop $200m solar project in Azerbaijan
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2021-04-02 06:36:07 GMT2021-04-02 14:36:07(Beijing Time) Xinhua English
TASHKENT, April 2 (Xinhua) Uzbekistan and the Abu Dhabi-headquartered energy company Masdar have decided to triple the capacity of the country s largest wind power plant under construction, the Uzbek Ministry of Investment and Foreign Trade said Friday.
The two sides signed an agreement on Thursday to increase the design capacity of the power plant located in the Zarafshon district of the central Navoi region from initial 500 MW to 1.5 GW, it said.
The initial project cost of 600 million U.S. dollars will also increase accordingly, and the partners will attract 1.8 billion dollars foreign direct investment.