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Thursday 20 May 2021

Masdar to Build Photovoltaic Power Plants in Uzbekistan


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TASHKENT (Satrapia) — Abu Dhabi Future Energy Company (Masdar) has been declared the winner of the tender for the construction of photovoltaic power plants with a capacity of 180-220 MW in Samarkand and Jizzakh regions.

Masdar, also known as the Abu Dhabi Future Energy Company, is a renewable energy company based in Abu Dhabi. Its main business units are Clean Energy and Sustainable Real Estate. The Clean Energy division is focused on developing renewable and clean energy projects across the world, while the Sustainable Real Estate division is developing Masdar City, which aims to be one of the world’s most sustainable cities.

According to the Ministry of Energy, the company offered a tariff of ¢1.57/kWh of electricity.

A total of 84 international companies are reported to have expressed interest in participating in the bidding process. After going through a two-stage selection process, 15 bidders were invited to submit proposals. As a result, 7 bids were received for the project in Samarkand region and 8 for Jizzakh region.

These projects are part of the program on construction of solar photovoltaic stations in Uzbekistan with total capacity of 1 GW, which is implemented by the Ministry of Energy, the Ministry of Investment and Foreign Trade and the Ministry of Finance. Technical support for the program is provided by the International Finance Corporation.

The program is a key component of the government’s large-scale renewable energy strategy. Up to 5 GW of cost-effective and environmentally friendly solar generation is planned to be deployed by 2030.

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