(MENAFN- Trend News Agency ) Baku, Azerbaijan, Oct. 10
Trend:
The government of Uzbekistan has approved a feasibility study on a project to modernize the Sirdaryo thermal power plant, the biggest one in the Central Asia, with a total value of over $219 million, Uzbek media reported.
The contract was concluded with OJSC Power Machines - ZTL, LMZ, Elektrosila, Energomashexport (Russian Federation), which is to upgrade six power units of the Sirdaryo thermal power plant with an increase in their capacity from 300 megawatts to 325 megawatts with a total value of $177.1 million.
The project will be financed through own funds of Uzbekenergo JSC worth $10.8 million, loans from Russia's Vnesheconombank worth $132 million, the National Bank of Uzbekistan worth $22.2 million and OJSCB Uzpromstroybank worth $22.2 million.
The project will be implemented in three phases with modernization of power units No. 3 and No. 4 at the first stage (2018-2019), power units No. 5 and No. 6 at the second stage (2019-2020), power units No. 9 and No. 10 at the third stage (2020-2021).
The modernization of the biggest power plant in Uzbekistan will reduce the shortage of electricity in the region and increase the reliability of the country's energy system.
Follow Trend on Telegram. Only most interesting and important news
MENAFN1010201801870000ID1097549482
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.