Tashkent, Uzbekistan (UzDaily.com) -- On 12 May 2021, a ceremony was held to open financial proposals as part of a tender for a project for the construction of a solar photovoltaic station (PVP) with a capacity of at least 200 MW in Sherabad district of Surkhandarya region, following which the results of financial proposals were announced.

About 54 international companies expressed interest in the implementation of the Project, of which, after a two-stage selection, 5 qualified participants submitted their proposals (commercial, technical and financial), of which 4 participate in the stage of financial proposals:

Opening results of financial proposals:

1) Abu Dhabi Future Energy Company PJSC (Masdar 457 MW) - 1.8045 cents per kWh;

2) International Company for Water and Power Projects (ACWA Power 354 MW) - 2.4825 cents per kWh;

3) Jinko Power (HK) Co., Ltd. China Power Holding International (500 MW) - 2.1621 cents per kWh;

4) Total Eren S.A. TOTAL SOLAR INTL (400 MW) - 3.3940 cents per kWh.

After evaluating the financial proposals for compliance with the required criteria, the name of the investor who will implement the project will be announced.

This project is part of the Program for the construction of solar photovoltaic plants with a total capacity of 1 GW, which is being implemented by the Government of Uzbekistan with the support of the Asian Development Bank (ADB).

The program is being implemented by the Ministry of Energy of Uzbekistan and the Ministry of Investment and Foreign Trade.

This Program is one of the key components of the strategy to generate up to 5 GW of environmentally friendly solar generation in the country by 2030 to meet the growing demand for electricity in the country.

In Sherabad district of Surkhandarya region, within the framework of this Program, a PVP project with a capacity of at least 200 MW of alternating current will be implemented.

As part of the project, the developer investor will also have to build a new 220 kV substation and a 52 km transmission line to connect to the 500 kV Surkhan substation.