| Project Detail |
To support Uzbekistan’s energy transition through the expansion of solar photovoltaic (PV) installed capacity. DESCRIPTION The Project involves the design, financing, construction, ownership, operation, and maintenance of three solar photovoltaic independent power plants representing a combined 897 megawatt (MW) of installed capacity (Samarkand 220MW plant, Jizzakh 220MW plant and Sherabad 456.7MW plant) (the PV plants), and their associated interconnection facilities. The PV plants are being developed by Masdar (Abu Dhabi Future Energy Company PJSC), a global leader in renewable energy and sustainable urban development, through three separate special-purpose entities domiciled in Uzbekistan. Masdar was selected through an international competitive tender set up by the Ministry of Investment and Foreign Trade, the Ministry of Finance, and the Ministry of Energy with assistance from the International Finance Corporation (IFC) Scaling Solar 2 program (Samarkand and Jizzakh PV plants) and the Asian Development Bank (ADB)’s PPP Advisory Office (Sherabad PV plant). The Project is expected to be financed by a group of international financial institutions including the ADB, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), in addition to AIIB (the Lenders). The Project is underpinned by three separate long-term power purchase agreements (PPA) with JSC National Electric Grid of Uzbekistan (NEGU). Each plant has its own separate Government Support Agreement and Investment Agreement, Land Agreement, and Land Lease Agreement. Samarkand 220MW solar PV plant (L0677A) A 220MW solar PV plant situated in a 438-hectare (ha) area in the Kattakurgan district, 50 kilometers (km) northwest of the city of Samarkand, in the Samarkand region, in the Republic of Uzbekistan (Samarkand Plant). The Samarkand Plant will be connected to the national grid by the 4.5 km 220kV new Overhead Transmission Line (OHL) to the nearest substation, in Ishtihan. Jizzakh 220MW solar PV plant (L0677B) A 220MW solar PV plant situated in a 562-ha area situated 243 km southwest of Tashkent and 25 km west of the city of Jizzakh, in the Galaoroll district, in the Jizzakh Region, in the Republic of Uzbekistan (Jizzakh Plant). The Jizzakh Plant will be connected to the national grid by the 14.70 km 220 kV new OHL to the nearest substation, in Saribazar. Sherabad 456.7MW solar PV plant (L0677C) A 456.7MW peak capacity plant situated in a 631-ha area around 20 km south-west from Sherabad in the Surkhandarya region, in the Republic of Uzbekistan (The Sherabad Plant). The Sherabad Plant will be connected to the national grid by the 50.5 km 220kV new OHL to the nearest substation, in Jarkurgan. |
