Tetsuya Yamada stated that issue on participation of JICA in crediting investment project of construction of second combined-cycle plant with the capacity of 450 megawatt at Navoi thermal power station is almost decided. He said that JICA management will adopt decision in March 2013.

JICA can issue loan for US$250 million to implementation of the project on expansion of capacities of Navoi thermal power station.

The project envisages construction of the second combined-cycle plant with the capacity of 450 megawatt, as well as gas compression station. The project will be implemented in two years.

The preliminary cost of the project is US$500 million. Along with JICA loan, the project will be financed due to own resources of Uzbekenergo state joint stock company and loan of the Fund for Reconstruction and Development of Uzbekistan.

The consortium of Turkish Calik Enerji Sanayi ve Ticaret AS and Spanish Initec completed construction of combined-cycle plant with the capacity of 450 megawatt at the Navoi thermal power station in October 2012. The project cost was US$530 million.

Total capacities of the Navoi thermal power station with new combined-cycle plant reached 1,546 megawatt, which allows to produce 7.9 billion KWH electricity a year.