RIYADH — ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 countries, signed an implementation agreement with the Ministry of Investments & Foreign Trade and the Ministry of Energy of Uzbekistan for the development, construction and operation of a 1500 MW wind power project in Karakalpakstan, Uzbekistan.
The agreement was signed inn the presence of Minister of Energy Prince Abdulaziz Bin Salman and Uzbekistan’s Deputy Prime Minister and Minister of Investments & Foreign Trade Sardor Umurzakov,
Once operational, the project will become the largest wind farm in the Central Asian region, and one of the largest in the world.
The agreement was signed on behalf of ACWA Power by Ayad AlAmri, executive general manager of business development, and on the Uzbekistani side by Sherzod Khodjaev, deputy minister at the Uzbekistan Ministry of Energy, and Shukhrat Vafaev, deputy minister of Investment and Foreign Trade.
Mohammad Abunayyan, chairman of ACWA Power, Yazeed Al Humaid, director of local investment at the Public Investment Fund, and Saudi and Uzbekistani officials attended