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Home » ACWA Power to Build Wind Power Plant in Karakalpakstan
Solar News

ACWA Power to Build Wind Power Plant in Karakalpakstan

By Rashida Thu, Nov 23rd, 2023
ACWA Power
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ACWA Power, Saudi Arabia has won the first stage of the tender to build a 200 MW wind power plant and a 100 MW electricity storage system in Karaozak and Beruni districts of the Republic of Karakalpakstan.

In the statement, the firm said, “This project is being implemented with the support of the European Bank for Reconstruction and Development (EBRD) within the framework of the “Program for the development and provision of advisory services for the construction of a wind power plant with a total capacity of 200 MW” (EBRD Phase 2).”

The two international companies that participated in the tender were ACWA POWER-Saudi (Saudi Arabia) and Abu Dhabi Future Energy Company – Masdar (UAE).

ACWA POWER-Saudi offered 4.09 US cents per 1 kWh of electricity generated from the wind farm and energy storage system. While Masdar offered 4.99 US cents per 1 kWh of electricity generated by the wind farm and energy storage system.

Masdar was announced as the reserve winner of the tender. As per reports, in the coming days, the tender documentation will be reviewed and approved by the tender commission with the participation of EBRD consultants.

IT may be noted that the tender was held by the Ministry of Energy, the Ministry of Economy and Finance, the Ministry of Investment, Industry and Trade, as well as JSC National Electric Networks of Uzbekistan.

The investor who will implement the project will be announced after assessing the compliance of financial proposals with the necessary criteria, said the note. The scope of the work includes, designing, financing and operating the wind farm.

ACWA Power Uzbekistan wind enrgy
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Subscribe to Updates

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  • Arctech Backs 1.2 GW Faris Solar Project In Saudi
  • ACWA, Badeel, SAPCO Secure Funding For Major Saudi Renewables
  • Türkiye Awards 650 MW of Solar Capacity through YEKA Tender
  • DEWA–Masdar Ink 3-Year Clean Energy Deal
  • AD Ports Group & Masdar’s Partner for Offshore Wind Project

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