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Strong interest in Uzbekistan’s first 100-MW solar tender

Solar panels. Photo by Carl Attard from Pexels, CC0 License

March 27 (Renewables Now) - Uzbekistan’s recent tender targeting 100 MW of solar photovoltaic (PV) capacity has so far attracted 23 proposals, indicating the “tremendous” investor interest, according to the International Finance Corporation (IFC).

The competition was launched by state-owned utility Uzbekenergo JSC at the beginning of February with IFC’s assistance, which is advising the local government on the tender process. The request for pre-qualifications (RFPQ) is scheduled to be completed by the end of June 2019 and the capacity to be installed in Navoiy region, southwestern Uzbekistan.

The received submissions so far came from 23 international companies, including from Europe, Asia, and the Middle East, the IFC announced on Monday. “The number of companies interested in Uzbekistan’s first competitively tendered solar project is a strong indication that the government’s decision to develop this project in a competitive and transparent manner has been well received by investors,” said Georgi Petrov, IFC public-private partnership regional manager.

In the next phase of the procurement process, Uzbekenergo will shortlist pre-selected candidates and invite them to submit bids. The 100-MW project is the first phase of a wider initiative in Uzbekistan aimed at helping it add up to 1 GW of new solar parks and thus lower dependence on gas.

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Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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