NTPC, ReNew shortlisted for Uzbekistan solar projects
POWER & RENEWABLE ENERGY

NTPC, ReNew shortlisted for Uzbekistan solar projects

Uzbekistan’s Ministry of Energy (MoE) has shortlisted 10 developers-investors for two solar projects in that country, and has included India’s public sector enterprise NTPC and private RE company ReNew Power.

The Ministry issued a list of prequalified bidders for two solar projects—Scaling Solar 2 project and the Sherabad Solar project under public-private partnership (PPP), with an overall capacity of 1.4 GW. Tenders were announced in July this year for the projects with an intention to attract private developers-investors who were qualified for the projects, under the country’s new PPP law.

With the Asian Development Bank’s support, 1 GW of solar projects were developed under the first tender. A site located at Surkhandarya region had been selected to construct the project. Under the second tender, 400 MW of the project is to be developed. For construction, the sites located at Gallaorol district of the Jizzakh region and the Kattakurgan district of the Samarkand region are selected.

The MoE sent a request to the potential bidders on the 26 June 2020 for qualifications. The deadline to submit the bids was on 26 September 2020.

The representatives for the tender projects are from the Ministry of Investments and Foreign Trade (MIFT), JSC National Electric Networks of Uzbekistan (NENU), and the Ministry of Finance (MoF). The prequalified bidders for the Sherabad project are:

  1. Abu Dhabi Future Energy Company PJSC (Masdar)
  2. International Company for Water and Power Projects
  3. Jinko Power (HK) Co. Ltd
  4. NTPC Ltd
  5. ReNew Power Private Ltd
  6. Risen Energy Co.Ltd
  7. Samsung C&T Corporation
  8. Scatec Solar ASA
  9. TBEA Xinjiang Sunoasis Co.Ltd
  10. Total Eren S.A

In February, the Uzbek MoE invited Expressions of Interest (EoI) from international investors to develop 400 MW of solar independent power producer projects in the regions of Samarkand and Jizzakh. The capacity of each solar project is approximately 200 MW.

Under the International Finance Corporation’s Scaling Solar program, the Masdar announced that it had won the bid to develop Uzbekistan’s first public- PPP solar project. Masdar said that they will develop a 100 MW utility-scale solar project in Uzbekistan’s Navoi region.

Uzbekistan is highly dependent on natural gas despite having significant solar potential for electricity generation. The country aims to deploy 5 GW of solar capacity in the next ten years.

Uzbekistan’s Ministry of Energy (MoE) has shortlisted 10 developers-investors for two solar projects in that country, and has included India’s public sector enterprise NTPC and private RE company ReNew Power. The Ministry issued a list of prequalified bidders for two solar projects—Scaling Solar 2 project and the Sherabad Solar project under public-private partnership (PPP), with an overall capacity of 1.4 GW. Tenders were announced in July this year for the projects with an intention to attract private developers-investors who were qualified for the projects, under the country’s new PPP law. With the Asian Development Bank’s support, 1 GW of solar projects were developed under the first tender. A site located at Surkhandarya region had been selected to construct the project. Under the second tender, 400 MW of the project is to be developed. For construction, the sites located at Gallaorol district of the Jizzakh region and the Kattakurgan district of the Samarkand region are selected. The MoE sent a request to the potential bidders on the 26 June 2020 for qualifications. The deadline to submit the bids was on 26 September 2020. The representatives for the tender projects are from the Ministry of Investments and Foreign Trade (MIFT), JSC National Electric Networks of Uzbekistan (NENU), and the Ministry of Finance (MoF). The prequalified bidders for the Sherabad project are: Abu Dhabi Future Energy Company PJSC (Masdar) International Company for Water and Power Projects Jinko Power (HK) Co. Ltd NTPC Ltd ReNew Power Private Ltd Risen Energy Co.Ltd Samsung C&T Corporation Scatec Solar ASA TBEA Xinjiang Sunoasis Co.Ltd Total Eren S.A In February, the Uzbek MoE invited Expressions of Interest (EoI) from international investors to develop 400 MW of solar independent power producer projects in the regions of Samarkand and Jizzakh. The capacity of each solar project is approximately 200 MW. Under the International Finance Corporation’s Scaling Solar program, the Masdar announced that it had won the bid to develop Uzbekistan’s first public- PPP solar project. Masdar said that they will develop a 100 MW utility-scale solar project in Uzbekistan’s Navoi region. Uzbekistan is highly dependent on natural gas despite having significant solar potential for electricity generation. The country aims to deploy 5 GW of solar capacity in the next ten years.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement