Retail
Subscription
Advertise
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Expo 2020
  • Events
    • LILS KSA Summit 2023
    • LILA UAE Awards 2022
No Result
View All Result
LogisticsGulfNews.com
No Result
View All Result

ACWA Power signs agreement for 100MW Uzbekistan wind power project

by Anthony Fonseca
April 20, 2023
in News

US$ 108mn Nukus wind project signals ACWA Power’s expansion into the Uzbek energy industry

Wind Turbine

ACWA Power, the leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, recently announced it has finalised the project agreements for the 100MW Nukus wind project in the Republic of Uzbekistan.

Valued at US$ 108mn, the Nukus wind farm is Uzbekistan’s first publicly tendered wind project.

ACWA Power Wind Karatau signed the 25- year Power Purchase Agreement (PPA) with JSC National Electric Grid of Uzbekistan (NEGU), and ACWA Power Wind Karatau and ACWA Power signed the Government Support Agreement (GSA) with the Government of Uzbekistan.

“We look forward to working with ACWA on this and its other exciting projects in our country,” stated Alisher Sultanov, Uzbekistan Minister of Energy.

The Nukus wind farm is ACWA Power’s fourth project in Uzbekistan, after the US$ 1.2bn Sirdarya project, which is a 1500MW Combined Cycle Gas-Turbine (CCGT) power plant, the 500 MW Bash facility and the US$ 1.3bn Djankedly wind power project in Bukhara.

“The signing of the power purchase agreement for the Nukus wind farm is yet another landmark achievement for the country and for our company,” commented Mohammad Abunayyan, Chairman, ACWA Power. 

“We look forward to continue working with our government partners in Uzbekistan in realising their plans,” remarked Paddy Padmanathan, President and CEO, ACWA Power. The Nukus wind farm’s financial close is expected to be finalised by the third quarter of 2022, with commercial operations scheduled for early 2024.

Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!

Tags: PartnershipsPower & Utilities
ShareTweetShareSend

Related Posts

Saudi Arabia’s Logistics market size set to reach 57.4 billion SAR by 2030: Ministry of Transport and Logistics Services
News

Saudi Arabia’s Logistics market size set to reach 57.4 billion SAR by 2030: Ministry of Transport and Logistics Services

May 25, 2023
Suez 2 wind farm
News

500 MW Gulf of Suez 2 wind farm project achieves a major milestone in Egypt

April 14, 2023
Trina-Solar-and-Al-Raebi
News

Trina Solar and Al-Raebi Signed 500MW Deal for Yemen Market

March 28, 2023
Amazon Fulfillment Center
News

Amazon continues to invest in the UAE, opening a new Fulfillment Center in Dubai South

March 28, 2023
Please login to join discussion

Search

No Result
View All Result

Recent News

Amazon Saudi Doubles its Storage Capacity with the Launch of its New Fulfillment Center in Riyadh

Amazon Saudi Doubles its Storage Capacity with the Launch of its New Fulfillment Center in Riyadh

May 31, 2023
Bridging Gaps in the Pre-owned Car Industry in the UAE

Bridging Gaps in the Pre-owned Car Industry in the UAE

May 29, 2023
Dammam added to the MSC’s India-South Africa service

Dammam added to the MSC’s India-South Africa service

May 26, 2023

LogisticsGulfNews.com, the niche media portal designed for the industry, is deeply committed to representing, serving and promoting the interests of the logistics and supply chain businesses in the region

Recent News

  • Amazon Saudi Doubles its Storage Capacity with the Launch of its New Fulfillment Center in Riyadh
  • Bridging Gaps in the Pre-owned Car Industry in the UAE
  • Dammam added to the MSC’s India-South Africa service

Contact Us

For Editorial Opportunities
editor@logisticsgulfnews.com

For Advertising Opportunities
info@logisticsgulfnews.com

AARYA Media FZC LLC
A- 5805-189, Business Club
Ajman Media City.
P.O Box 29127
Phone: +971 4 368 8464
Ajman- United Arab Emirates

  • About Us
  • Advertise
  • Subscription
  • Contact Us

©️ 2021 Logistics Gulf News. All rights reserved

No Result
View All Result
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Expo 2020
  • Events
    • LILS KSA Summit 2023
    • LILA UAE Awards 2022

©️ 2021 Logistics Gulf News. All rights reserved