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Turkish electricity company moves forward with its business in Uzbekistan

Oil&Gas Materials 3 June 2020 11:43 (UTC +04:00)
Turkish electricity company moves forward with its business in Uzbekistan

BAKU, Azerbaijan, June 3

By Ilkin Seyfaddini - Trend:

Turkish AKSA Power Generation holding has opened an official representative office and exclusive distributor of AKSA products in Uzbekistan – Aksa Power LLC, Trend reports with reference to Dunyo News Agency.

All the company's products have a quality certificate. And the company itself is certified for compliance with ISO 9001 quality management system.

AKSA Energy is implementing an investment project in Uzbekistan to build a new gas power plant with combined cycle capacity of 240 MW in Tashkent.

The project is implemented based on the agreement signed by the company with the Ministry of Energy of Uzbekistan on May 19, 2020.

Despite certain difficulties arising from COVID-19, the company intends to complete construction of the plant in one year. In order to speed up the work, the company plans to relocate some of its specialists from other countries to Uzbekistan.

The project is based on a modern investment model of public-private partnership. AKSA Energy will construct and operate the power plant for 25 years, and the Uzbek side has undertaken guarantees on provision of the plant with natural gas and purchase of electricity produced by it.

AKSA Energy was founded in 1997 as a subsidiary of Kazancı Holding, the largest independent electricity producer in Turkey, listed on the stock exchange. It carries out the whole cycle of works: project development, procurement, construction and installation, operation and maintenance.

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