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Uzbekistan opens 100-MW solar tender with IFC help

Solar power station. Featured Image: worradirek/Shutterstock.com

February 5 (Renewables Now) - Uzbekenergo JSC, Uzbekistan’s state-owned utility, has issued a request for pre-qualifications (RFPQ) for the development of 100 MW of grid-connected solar projects in the country’s Navoiy region.

Via the competition, the power producer is seeking investors willing to undertake the design, financing, construction and operation of the photovoltaic (PV) plants. They will be set up at an unnamed location in Navoiy, southwestern Uzbekistan, according to the tender notice published on Friday.

The tender was launched with the assistance of the International Finance Corporation (IFC) and will be completed by the end of June 2019. It follows a conference with potential investors in November 2018, during which Uzbekenergo said more than 20 major energy companies and financial entities have expressed interest in developing public-private partnership power (PPP) projects in Uzbekistan.

Last May, the IFC signed a cooperation agreement with the Uzbek government to assist it in mobilising up to USD 1 billion (EUR 874.6m) of investments in the solar sector. Consultancy Mercom Capital, meanwhile, reports that if the 100-MW tender is successful, it will lead to subsequent bidding rounds for up to 900 MW of capacity.

(USD 1.0 = EUR 0.875)

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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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