BAKU, Azerbaijan, Jan.20
By Natavan Rzayeva- Trend:
Uzbekistan and Saudi Arabian ACWA Power company will strengthen their cooperation in the energy industry of the country, Trend reports referring to the press service of the Uzbek Ministry of Energy.
In this regard, the Ministry of Energy of Uzbekistan held a meeting with a delegation from the company.
During the meeting, the implementation of ongoing joint projects for the construction of thermal power plants and wind power plants in Uzbekistan were discussed.
Currently, the company is implementing a project for the construction of a thermal power plant with a capacity of 1,500 MW near the existing Syrdarya thermal power plant. As part of this project worth $780 million, a loan agreement was signed and it is planned to attract financing from leading international financial institutions and organizations, including the EBRD, OPEC, Bank of China and others.
In addition, ACWA Power plans to build two wind power plants with a capacity of 500 MW for each one in the Bukhara region of Uzbekistan.
During the meeting, the parties also discussed the development of cooperation in the field of hydrogen energy.
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