A wind power plant with a capacity of 500 MW will be built in Navoi region. As stated in the resolution, an agreement on this was signed between the government of the republic, the Ministry of Investment and Foreign Trade, Abu Dhabi Future Energy Company – Masdar (UAE) (investor) and Shamol Zarafshan Energy (project company). According to the decree, JSC National Electric Grids of Uzbekistan will purchase electricity from the project company at a fixed rate denominated in foreign currency.
Shamol Zarafshan Energy will provide a bank guarantee for the fulfillment of its obligations in the amount of $ 35 million, as well as build and donate to JSC National Electric Grids of Uzbekistan a step-up substation of the wind farm after its commissioning.
The agreement on the construction of this wind farm became known this summer. In this regard, it is expected:
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