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Power Purchase Agreement

Power Purchase Agreement latest

Saudi ACWA Power, Uzbekistan Ministry Sign $2.5 Billion Deals
March 9th, 2020 - 12:07 GMT

Saudi ACWA Power, Uzbekistan Ministry Sign $2.5 Billion Deals

ACWA Power has revealed signing deals with the Ministry of Energy of Uzbekistan to amplify power generation and develop technical expertise. The three strategic agreements are potentially worth up to $2.5 billion. The deals include a 25-year Power Purchase Agreement, PPA, and Investment Agreement – with a total investment value of $1.2 billion - for the development, construction and operation of a 1,500 MW Combined Cycle Gas-Turbine, CCGT, power plant ...
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