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Calik, Initec to build 336m euros worth power plant in Uzbekistan

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Thursday, 27 August 2009

Turkish unlisted textiles to energy group Calik Holding said on 26 August that it will build a gas power plant in Uzbekistan in cooperation with Spanish Initec Energia, the Ihlas News Agency reported.

In a press statement Calik Holding said its energy subsidiary Calik Enerji has signed a contract with Uzbek electricity production and distribution public firm Uzbekenergo to construct the plant.

The new power plant that will have a generating capacity of 472 megawatts will be constructed in Navoi Industry Region, which is 500 kilometers away from capital Tashkent. Construction, which will start in October is expected to be completed in three years.

Calik Holding said Calik Enerji has signed an agreement with Initec Energia for an investment of 336 million euros for the deal. Under the agreement, Calik Enerji will buy all the equipment, transport it, construct the buildings, assemble the equipment, make the required tests and put the plant into use.

Initec Energia will be responsible for engineering and purchase and delivery of gas and steam turbines and other ancillary equipment. It will also provide supervisory services for assembly of the turbines, which will be purchased from Mitsubishi.

Thursday, 27 August 2009

UzReport.com
   Central Asia

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