Uzbekistan’s president launches two energy projects with participation of ACWA Power

By Muzaffar Ismailov in Tashkent November 27, 2023

Uzbekistan’s President Shavkat Mirziyoyev on November 27 attended the launch ceremony for a 1.5-GW thermal power plant in Syrdarya region and the production of green hydrogen in Tashkent region. Both projects are being implemented jointly with Saudi company ACWA Power.

The combined-cycle power plant in Syrdarya region worth $1.1bn is to provide electricity to over 3mn households and hundreds of industrial enterprises.

The Tashkent region project will see the production of 3,000 tonnes of green hydrogen for the making of ammonia-based mineral fertilisers.

The launching of the two projects is to contribute to the creation of 25 GW of renewable energy capacity by 2030. As a result, 4.5bn cubic metres of gas would be saved, and the volume of harmful emissions into the atmosphere would be reduced to 3mn tonnes, according to officials.

On the same day as the launch ceremony, Mirziyoyev met with Saudi Arabia's Minister of Investment Khalid al-Falih. The parties signed agreements worth $12bn and agreed to create a joint fund.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Saudi ACWA Power signs $2.3bn agreement to build 2GW wind power plant in Egypt

Saudi Arabia renewable energy firm ACWA Power has signed a 25-year power purchase agreement (PPA) with Egyptian Electricity Transmission Company (EETC) to develop, build, own, and operate a 2GW wind ... more

Sudan agrees to host Russian naval base in Port Sudan, says foreign minister

Sudan and Russia have reached a final agreement on establishing a Russian naval base in the Sudanese Red Sea coast, Sudan’s Foreign Minister Ali Yusuf Sharif said on February 12 as cited by Al ... more

Stellantis plans to produce 1,000 automated vehicles at Kenitra plant in Morocco

Global vehicles manufacturer Stellantis plans to produce 1,000 units annually of its Automated Guided Vehicles (AGVs) at the group’s Kenitra plant in Morocco, Al Maghrebia reported on February ... more

Follow Us On

Most Read

  1. RAGOZIN: What did we die for?
    2 days ago
  2. FPRI BMB Russia: Navalny’s health is worsening in prison, new protests planned
    3 years ago
  3. The EU removes three Russian oligarchs from the latest sanctions list under pressure from Hungary
    1 day ago
  4. Briefings reveal Nato chief called on EU and Turkey to improve relations amid pressing security concerns
    3 days ago
  5. Poland's adjusted income to overtake Japan's by 2026
    8 months ago
  1. Ukraine doesn't have any rare earth metals, and the strategic minerals it does have are not worth trillions of dollars
    20 days ago
  2. US administration 'misinformed about Romanian elections', says presidential candidate Nicusor Dan
    19 days ago
  3. Putin says sanctions have strengthened, not weakened, Russian economy
    22 days ago
  4. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    10 months ago
  5. Kaliningrad becomes an energy island after Baltic States cut Russian grid connection
    1 month ago

Reports

Dismiss