Nebras Power builds and operates a large electricity generation project in Uzbekistan

Uzbekistan is the latest destination for Qatar’s Nebras Energy Company, focusing its first investment in this country through the signing of a long-term power purchase agreement to build and operate the Serdarya 2 power plant by natural gas, using composite cycle technology/CCGT/in the central region of the country.

The project, which is expected to enter production at the end of 2025 or beginning of 2026, aims to expand Nebras Energy’s global asset portfolio, as well as give communities and cities across the country access to a certified and clean source of energy.

Uzbekistan’s presence also confirms the status of the company and its role as one of the major energy companies in the Central Asian States.

Nebras Energy affirms its pride in obtaining this opportunity to develop and manage a large electricity generation project in Uzbekistan and promises to provide technical expertise and major projects to support and strengthen the energy industry there.

In its first investment in Uzbekistan, Nebras Energy entered into an alliance with global energy companies, including the French Electricity Company and Sugitz and Japan’s Kyodin, where the Alliance gave the winning bid for the construction, management, operation and maintenance of a power plant with a production capacity of about 1,600 megawatts in the Serdaria region, located about 150 kilometres south of the capital Tashkent.

Project Serdaryya 2 was contracted to provide power to Uzbekistan’s national electricity grid as part of the 25-year Power Purchase Agreement. Upon completion, the plant will be one of the largest power plants in the country and will contribute effectively to helping the State meet its growing electricity needs for the industrial and housing sectors.

Enersuk was also established to carry out the construction and management of the project as part of the energy purchase agreement, Nebras Energy will own 33.3% of Enersuk, while the remaining shares will be divided among the remaining companies.

Project Serdaria 2 will be established according to global safety and sustainability standards, and operations and maintenance will also adhere to strict environmental and industrial emission standards and protocols.

Construction work on the project began at the end of 2022, and is planned to be completed, and the project will enter into operation.