The Ministry of Energy of Uzbekistan has shared information on its latest public-private partnership (PPP) project in the energy sector, with global investors including the International Finance Corporation (IFC) and utilities EDF and KEPCO.
Uzbekistan intends to use the PPP to develop a 1,500MW combined cycle gas (CCGT) plant in Sirdarya. This is the sixth PPP project in Uzbekistan’s energy sector in the last year.
Information shared includes the status of the country’s energy sector, the legal framework for PPPs, the scope of the CCGT PPP project and contract details for its construction and development.
Ongoing PPPs in the energy sector include the design, financing, construction and operation of 600MW of solar energy capacity in Samarkand, Jizzakh and Sherabad with the Asian Development Bank.
The new PP is expected to help Uzbekistan to update infrastructure, ensure energy security for business/consumers and proactively attract investment to the sector.