Two GCC developers submit bids for Uzbekistan wind project
UAE-based Masdar and Saudi Arabia’s Acwa Power have both submitted bids for a 100MW wind power project in Uzbekistan
UAE-based Masdar and Saudi Arabia’s Acwa Power have both submitted bids for a 100MW wind power project in Uzbekistan.
Uzbekistan’s Ministry of Energy revealed that three firms had submitted proposals for the tender, with France’s Voltalia also submitting a bid before the 6 September deadline.
The wind project will be located in the Qorao’zak district in the Karakalpakstan region of Uzbekistan.
Uzbekistan’s energy ministry and utilities, supported by the European Bank for Reconstruction and Development (EBRD), will proceed with compliance check of the first bid envelope, which contrains commercial, legal and technical submissions, before conducting a detailed evaluation of the first envelope.
Once the evaluation of the commercial, legal and technical submissions has been completed the compliant bidders will be invited for the opening of the second envelope with the financial submission.
Uzbekistan has set a target for 25 per cent of its energy to come from renewable sources by 2030. Energy & Utilities recently reported that the country was planning to increase its renewables target, with the installed solar capacity to rise from 5GW to 7GW and wind capacity from 3GW to 5GW by 2030.
Masdar and Acwa Power have both previously won contracts to develop sizable clean energy capacity in Uzbekistan.
In August, Masdar commissioned the 100MW Nur Navoi solar project in Uzbekistan, the first utility-scale solar plant and also the successfully financed independent power producer (IPP) project in the country.
Energy & Utilities reported in July that Masdar had signed contracts to develop two PV projects with a total capacity of 440MW in Uzbekistan.
Masdar was selected for the 220MW Jizzakh project with a total energy charge tariff of $cents1.823/kWh. The total tariff was comprised of a plant only energy charge of $c1.578/kWh and a PIF charge of $c0.245/kWh.
Masdar was chosen for the 220MW Samarkand PV IPP with a total energy charge tariff of $c1.791/kWh, which comprised of a plant only energy charge of $c1.570/kWh and a PIF charge of $c0.221/kWh.
Masdar has also been awarded a contract to develop a 457MW PV IPP in the Sherabad district of Uzbekistan. Masdar submitted the lowest bid for the Sherbad project in May 2021.
Masdar is also developing a 1.5GW wind project in Uzbekistan. Masdar signed a power purchase agreement (PPA) to develop the 500MW Zarafshan wind IPP project in June 2020. In April this year, Masdar signed an implementation agreement with the Uzbekistan government to increase the size of the Zarafshan wind project to 1.5GW.
In May 2021, Acwa Power signed an implementation agreement with the Uzbekistan Ministry of Energy for a planned 1,500MW wind farm in Uzbekistan, which will be one of the largest wind farms in the world when completed.
Acwa Power signed the implementation agreement with the Uzbekistan’s Ministry of Investments & Foreign Trade and Ministry of Energy for the IPP project, which will be located in the Karakalpakstan area of Uzbekistan.
Earlier in 2021, Acwa Power concluded agreements for two wind power projects in Bukhara and Navoi, which will have a combined total power capacity of 1,000MW.
Energy & Utilities - Middle East and Africa Market Outlook Report 2024.
This must-have report for industry players offers a thorough understanding of the latest developments, challenges, and opportunities in the region, supported by data, analysis, and expert insights.
Latest News
E&U Podcast
Subscribe to our Market Talk podcast for the latest on the key issues and trends in the energy and utilities sector
