BAKU, Azerbaijan, Aug. 25
By Ilkin Seyfaddini – Trend:
The Cabinet of Ministers of Uzbekistan adopted a resolution on the construction of the Rabat hydro power plant (HPP) on the Aksu River, the Chappasu HPP on the Aksu River and the Tamshush HPP on the Akdarya River (Kashkadarya region), Trend reports with reference to Norma.uz information and legal portal.
"The Board of Directors of the Asian Development Bank (ADB) approved allocation of $60 million of credit funds to Uzbekistan for implementation of Sustainable Hydropower investment project (construction of the mentioned HPPs) for 25 years with a 5-year grace period," the resolution says.
Total cost of the project is $75.3 million, out of which $60 million is loan provided by ADB, $5.8 million - share of Uzbekistan (in the form of tax and customs privileges) and $9.5 million - own funds of Uzbekhydroenergo JSC. The project will be implemented in the period from 2020 to 2022.
Besides, today the Energy Ministry of Uzbekistan and French Development Agency (AFD) signed a loan agreement for the construction of three small hydroelectric power plants.
Earlier, Government of Uzbekistan approved the concept of providing the country with electricity for 2020-2030. The strategic goal of the document is to provide the population and economy of Uzbekistan with electricity at competitive prices, develop a balanced energy sector, covering the best international practices and current trends in the global power industry.
It is planned to increase electricity production from 5,900 MW to 29,200 MW by 2030. The share of thermal power plants using natural gas is planned to be increased to 45 percent (13,400 MW); thermal power plants using coal to 5.9 percent (1,700 MW); hydro power plants to 13.1 percent (3,800 MW); the share of wind power plants to 10.4 percent (3,000 MW); photovoltaic power plants to 17.3 percent (5,000 MW) and nuclear power plants to 8.3 percent (2,400 MW).
In addition, it is planned to reduce the consumption of natural gas from 16.5 billion cubic meters to 12.1 billion cubic meters, while the annual volume of coal combustion will increase from 4.1 million tons to 8.5 million tons.
It is also planned to reduce losses in electricity transmission to 2.35 percent and distribution losses to 6.5 percent (1.85 times less than in 2019).
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