The press release of Uzbekenergo said that the project on constriction of two 450-megawatt combined cycle power plants at the station is implemented with attraction of loans of Japan International Cooperation Agency (JICA) and Asian Development Bank (ADB).
Currently, the international tender was announced and the general contractor was selected. The release added that Mitsubishi Corporation will supply main equipment.
Uzbekenergo state joint stock company announced a tender on construction of two combined cycle gas turbine units 450 MW each at Talimarjan thermal power station with the starting price of US$893 million. Daewoo International Corp. and Hyundai Engineering & Construction won the tender.
Uzbekenergo state joint stock company and consortium of South Korean companies – Daewoo International Corp. and Hyundai Engineering & Construction – signed a contract on modernization of Talimarjan thermal power station in March 2013.
The sum of contract makes up US$819 million. The Korean companies plan to complete the turnkey project in 37.5 months after work begins.
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.