- Published: 02 March 2022 02 March 2022
Acwa Power has broken ground on the 100MW Nukus wind project, located in the Karatau district, Karakalpakstan region, in the north-western part of Uzbekistan.
The ground-breaking comes less than two months after binding project agreements were signed with the government of the Republic of Uzbekistan and JSC National Electric Grid (NEGU), the offtaker. With an estimated total investment of US $108 million, the project is expected to reach financial close by Q3 2022. The Nukus wind project is ACWA Power’s fourth facility in the Republic of Uzbekistan and is expected to achieve commercial operation in 2024. The company’s in-country portfolio also includes a combined-cycle gas turbine plant and two other wind projects.