Baku, Azerbaijan, March 5
By Fakhri Vakilov - Trend:
The implementation of pilot project for the construction of a solar photovoltaic station alongside with the International Finance Corporation (IFC) has begun in accordance with the resolution of Uzbek Cabinet of Ministers, Trend reports via Uzbek media.
The station with a total capacity of 100 MW will be built in Navoi region on terms of a public-private partnership with competitive bidding to choose a private partner.
It is worth noting that IFC acts as a consultant to the government of Uzbekistan and JSC Uzbekenergo on structuring PPP, with the aim of mobilizing experience in attracting private investment for the design, financing, construction and operation of a solar power plant.
During the meeting, the working group presented its first comments on the project and also stated the need to adapt the documents in accordance with Uzbek legislation.
Representatives of IFC announced their readiness to consider all the submitted comments and informed about the visit of extended delegation of IFC service next week to discuss the documents in detail.
As a result of negotiations, it was decided to organize a regular meeting of the Working Group with representatives of IFC for more detailed discussion of submitted proposals and comment on the documents for further approval by the tender commission.
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