According to EBRD site, this loan would be provided to ACWA Power Syrdarya with a purpose of construction of 1,500MW combined-cycle gas-fired power plant in the Syrdarya region of Uzbekistan.
This project is one of the component of modernisation of the power generation sector in Uzbekistan. The Project will lead to the closure of at least 1,200MW of old and inefficient capacity, resulting in the reduction of approximately 1,500,000 tonnes of CO2 emissions per year.
ACWA Power Sirdarya is a special purpose vehicle incorporated in Uzbekistan for the sole purpose of the Project, and is ultimately 100 per cent owned by International Company for Water and Power Projects ("ACWA Power"). ACWA Power is a developer and operator of a number of power generation and desalinated water plants across Middle East, Asia and Europe. Registered and headquartered in the Kingdom of Saudi Arabia.
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Company Contact Information
Hicham El Maanouni
+971 278 3001
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