Abu Dhabi National Energy Company (TAQA) has entered into an agreement with the government of Uzbekistan in order to undertake the development of a 1.5-gigawatt (GW) greenfield combined cycle power plant.
The implementation agreement covers proposals for a greenfield combined cycle power plant with a capacity of approximately 1.5 GW. The new project is set to be developed adjacent to the existing Talimarjan power complex where TAQA has already announced plans to invest in the privatization of two gas-fired power plants.
The new partnership is expected to cover the design, financing, engineering, procurement, commissioning, testing, ownership, and operation of the power plant by TAQA. This strategic collaboration between TAQA and the Government of Uzbekistan is another significant milestone in TAQA’s international growth strategy.
The agreements are also looking at opportunities to invest in existing and further greenfield gas-fired power generation plants with a combined capacity of more than 3GW along with electricity transmission and distribution infrastructure in Uzbekistan.
Mr. Azim Akhmedkhadjaev, First Deputy Minister of Energy, said that, “This partnership and the pipeline of projects build on the existing opportunities between our countries and our shared interests to invest and support a sustainable and reliable power sector. We look forward to working with TAQA to advance Uzbekistan’s transformation.”
Mr. Jasim Husain Thabet, TAQA’s Group Chief Executive Officer and Managing Director said that, “TAQA welcomes the opportunity to leverage its extensive global expertise as part of our collaboration with the Government of Uzbekistan. Working together we can accelerate the sustainable development of the country’s power sector and build on the strong relationship between our two countries.”
“In addition to helping modernize Uzbekistan’s network and generation sector capabilities, working closely with the country’s leading ministerial agencies will allow us to expand our international portfolio, strengthening our position as a global utilities leader,” Mr. Thabet added.
