Uzbekenergo inks deals worth $1.84B in Korea

Uzbekenergo inks deals worth $1.84B in Korea

22 November 2017

Uzbekistan's energy company Uzbekenergo and a consortium of South Korean companies POSCO Daewoo and Hyundai Engineering and Construction signed agreements in Seoul on the implementation of three energy projects.

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The documents worth $ 1.84 billion were signed during the state visit of Uzbek President Shavkat Mirziyoyev to the Republic of Korea, the press service covering the president's visit reported.

Under the agreements, the parties will build a combined-cycle plant with a capacity of 450 MW at the Navoi thermal power plant.

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The construction of a 220 kV transmission line with a length of 327 km from the Takhiatash Thermal Power Plant to the North-West and South-West Power Units is also planned.

Furthermore, in 2018-2021, modernization of electric grids and power equipment will be carried out in Bukhara, Samarkand and Djizak regions.

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