Uzbekistan plans to raise a loan of Asian Development Bank (ADB) for about $200 million for a project to modernise the Takhiatash thermal power plant (TPP). The provisional cost of the project is esimated to be $330 million.
The government of Uzbekistan and the ADB have reached a preliminary agreement on the financial assistance for the project. In August 2013 ADB provided Uzbekenergo with a grant of $1.2 million for the feasibility study of the project in mid-2013.
Modernization of Takhiatash TPP located in the north-western Uzbekistan, is largely due to the expansion of the oil and gas companies' activities in the development of fields in the Ustyurt plateau.
As part of the modernisation it is planned to install by 2016, two new gas turbines, 140 MW each and construct a cooling tower for two units, 210 MW each. The project will allow to increase plant capacity by 30 percent in addition it will reduce the current discharge of waste water.
Funding is to be provided by the ADB loan funds, the Fund for Reconstruction and Development of Uzbekistan and Uzbekenergo's own funds.
Installed capacity of five energy units of Takhiatash thermal power plant currently is 730 MW. The first unit was commissioned in 1956, the fifth - in 1967. The power plant provides electricity to the north-west of the country the autonomous republic of Karakalpakstan and the Khorezm region.
Source: Edited - TRENDNewsAgency Article September 2013