Tashkent TPP in Uzbekistan receives loan for obtaining imported fuel oil

Oil&Gas Materials 11 January 2021 13:14 (UTC +04:00)
Tashkent TPP in Uzbekistan receives loan for obtaining imported fuel oil

BAKU, Azerbaijan, Jan. 11

By Klavdiya Romakayeva - Trend:

Tashkent TPP (thermal power plant) JSC entered into an agreement to receive credit funds from Uzbek Industrial and Construction Bank JSCB in the amount of $18.7 million for the obtaining of imported fuel oil, Trend reports with reference to the Unified portal of corporate information.

Part of the loan will be allocated in euros (10,000,000 euros), the rest part - in US dollars. The loan agreement was concluded for a period of 12 months with a grace period of three months with an annual rate in euros - 6.5 percent, in US dollars - 8 percent.

Tashkent TPP on the territory of the Kibray district of the Tashkent region at a distance of 5-6 kilometers to the north-east of Tashkent, covering an area of 88.68 hectares, was put into commercial operation in 1975. The first power unit was commissioned in 1963, the last (12th) in 1971. The station provides electricity to industrial facilities and the population of Tashkent and the Tashkent region.

The main activity of the plant is power generation and heat supply. The Tashkent TPP covers about 12-13 percent of the electricity demand for the population and economy of Uzbekistan. As of January 01, 2019, the station had an installed capacity of 1,860 MW, the available electric power of the power plant amounted to 1704 MW.


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