The first phase of the Turakurgan thermal power plant (TPP) will be commissioned in Uzbekistan in 2017, Uzbek President Islam Karimov said, the National News Agency of Uzbekistan (UzA) reported.
President Karimov made this statement said at a meeting of the Namangan Regional Council of People’s Deputies.
The president said that two steam and gas turbines with a capacity of 450 megawatts each are planned to be launched as part of the project for the construction of the Turakurgan thermal power plant in 2017.
He said that two more turbines are planned to be commissioned in 2020.
“We will be able to fully meet the electricity demand of the economy and the population not only in the Namangan region, but the whole Fergana Valley and organize new production facilities on this basis by implementing such ambitious projects,” President Karimov said.
It was previously reported that Uzbekenergo JSC started constructing the first phase of the Turakurgan thermal power plant with a 900-megawatt in 2013. The thermal power plant will produce 6.8 billion kilowatt / hours of electricity after the first phase.
The project worth $1 billion is being financed at the expense of the loan of the Japanese International Cooperation Agency (JICA), the Fund for Reconstruction and Development of Uzbekistan and Uzbekenergo’s own funds.
Uzbekistan and JICA signed a loan agreement in November 2014. Under this agreement, JICA allocates a preferential long-term loan worth 71.8 billion Japanese yens ($704 million) for the period of 40 years, including a 10-year grade period at a rate of 0.3 percent per annum.
Currently, 45 power plants with the capacity of nearly 13,000 megawatts, including 16 power plants of Uzbekenergo company operate in Uzbekistan’s power supply system.
Up to 90 percent of the electricity is generated at 10 thermal power plants of Uzbekenergo. The total capacity of these plants is 10,600 megawatts.
In total, Uzbekenergo’s power plants account for over 98 percent of the electricity production in the country.
The rest of the volume is generated by autonomous thermal power plants of industrial enterprises and small hydro power plants of Uzbekistan’s Ministry of Agriculture and Water Resources.