South Korean companies modernizing power plant in Uzbekistan
Tashkent, Uzbekistan, Jan. 5
By Demir Azizov – Trend:
Uzbekenergo State Joint Stock Company (SJSC), which unites enterprises of Uzbekistan’s power industry, and a consortium of contractors headed by Hyundai Engineering (South Korea) signed a contract for the delivery of equipment and construction of two combined-cycle gas turbine units at Takhiatash thermal power plant in the Autonomous Republic of Karakalpakstan (northwest Uzbekistan), Uzbekenergo told Trend Jan. 5.
In late December 2016, the consortium became the winner of the tender on construction project of the two combined-cycle gas turbine units with the capacity of 230-280 megawatts at the Takhiatash thermal power plant by offering $456.91 million.
"The contract with the consortium, which consists of Hyundai Engineering and Hyundai Engineering & Construction Co. Ltd., has been signed and the work on the project will start in late January-early February 2017," said Uzbekenergo’s representative.
The period for the project’s implementation is two and a half years.
As a result, the plant’s capacity will increase from the current 730 megawatts up to 930 megawatts, and the power generation volume will increase by 1.7 times – up to 5.4 billion kilowatt hours (kWh).
The project is estimated at $678.2 million. It will be financed by the Asian Development Bank’s (ADB) loan worth $300 million, issued for Uzbekistan in September 2014, Uzbekistan Reconstruction and Development Fund’s loan worth $230.7 million and Uzbekenergo’s own funds.
Currently, there are 45 power plants in Uzbekistan with the total capacity of more than 12,800 megawatts.