Daewoo and Hyundai to build new combined cycle power plant at Talimarjan power station

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.

Hudoyqulov said that the realization of project will allow to increase electricity production by 900 megawatt a day or 7.2 billion KWH of electricity a year.

The launch of the first 450-megawatt combined cycle power plant is expected in the third quarter of 2015 and the second – in the fourth quarter of 2016, he said. He added that the project will also allow to cut prime cost of electricity production by 30%.

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. Launch of new combined cycle power plants will increase electricity production by 2.3 times – to 10.4 billion KWH a year.

Currently, the feasibility study of the project on installation of two similar combined cycle power plants by 2020 is developed, which will allow to increase production of electricity up to 20.4 billion KWH a year.