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Dubai-based Phanes Group inks agreements to develop solar power plant in Uzbekistan


Dubai-based international solar energy developer Phanes Group have signed a Power Purchase Agreement (PPA) and Investment Agreement (IA) for a 200 MWАС grid-connected solar PV plant in Nurata, Navoi Region, Uzbekistan.
The PPA and IA between Phanes Group and the Uzbek government includes the technical and commercial terms for building, owning and operating a 200 MWAC solar PV project including facilities connecting to Khimiya 220/110 kV Substation, Uzbekistan’s Energy Ministry said in a press release on April 6.
The signing of the PPA with National Electric Grid of Uzbekistan, IA with the Ministry of Investment and Foreign Trade, with Phanes Group took place on April 1. ....

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