Chinese company to build three large hydropower plants in Uzbekistan

By Muzaffar Ismailov in Tashkent July 6, 2023

China Southern Power Grid plans to build three large hydropower plants (HPPs) in Uzbekistan, the press service of Uzbekistan’s energy ministry has reported.

Annual electricity generation is set to increase by 3bn kWh with the construction of the HPPs, which would be enough for uninterrupted power supply to 1.6mn people. At the same time, up to 835.6mn cubic metres of gas would be saved, which would reduce greenhouse gas emissions into the atmosphere.

The head of Uzbekhydroenergo, Abdugani Sanginov, received the director of the Chinese company Zhang Tangzhi the day before. The parties inked a memorandum of understanding on the construction of three HPP with a capacity of 820 MW.

The launch of the projects worth $164bn at full capacity is scheduled for 2030.

 

Related Articles

Eurasian Development Bank redeems €286mn Eurobond

The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity. The bank paid a total of €286mn, covering both ... more

Georgia’s TBC Bank weighs up separate IPO for TBC Uzbekistan digital bank

London-listed TBC Bank Group PLC (LON: TBCG) is weighing up conducting a separate initial public offering (IPO) for its TBC Uzbekistan digital bank business. Reuters on February 24 ... more

IndiGo cancels Central Asian flights until late February over Iran tensions

Indian budget carrier IndiGo has cancelled all flights to and from Tbilisi, Almaty, Baku and Tashkent until February 28 due to the developing situation around Iran, the airline announced on February ... more

Dismiss
liveChat() ?>