Currently, the technological equipment is delivered and the consortium started to realize the contract.
In March 2013, Daewoo and Hyundai signed a contract with Uzbekenergo in the result of tender on modernization of Talimarjan thermal power station with the cost of US$861 million.
In line with the contract, the consortium will construct two 450-megawatt combined cycle power plants in Talimarjan. Mitsubishi Corporation of Japan will supply combined cycle power plants. The project will be implemented within three years.
The project cost is US$1.28 billion. The Government of Uzbekistan attracted ADB loan for US$350 million and loan of Japan International Cooperation Agency (JICA) forUS$300 million. The remaining US$630 million will be financed by the government, the Fund for Reconstruction and Development of Uzbekistan (US$250 million), and the power utility company.
First power block of Talimarjan thermal power station was commissioned in December 2004. The designed capacity of the block is 800 megawatt. The construction cost was US$400 million.