Project Notice
|
PNR |
68267 |
Project Name |
ACWA Power Renewable Energy Loan (Previously: ACWA Power Sustainable Energy Development Capital Facility) |
Project Detail |
To support the development of renewable energy generation in the Republic of Uzbekistan by constructing a 1,500MW wind power plant with Battery Energy Storage System (BESS). DESCRIPTION The Project involves providing financing for the development and operation of 1,500 MW of wind power plant and 300 MWh BESS and associated interconnection Purchaser Electrical Facilities (PEF) in Uzbekistan. The Project is located in the Karakalpakstan region in northwestern Uzbekistan. The Project will be undertaken by a Special Purpose Vehicle (SPV) company established in Uzbekistan and majority owned by ACWA Power Company. |
Funded By |
Asian Infrastructure Investment Bank (AIIB) |
Sector |
Energy, Power and Electrical |
Country |
Uzbekistan , Central Asia |
Project Value |
UZS 150,000,000
|