Syrdarya II Combined Cycle Gas Thermal (CCGT) power plant

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This project comprises the construction and operation of the 1,600 MW Syrdarya II Combined Cycle Gas Thermal (CCGT) power plant in Syrdarya region, Uzbekistan. The project company is Enersok, in which Nebras Power Q. S. C. has 33.3% stake, Electricite de France (EDF) - 33.3%, Sojitz - 19% and Kyuden International - 14.3%. Total investment stands at $1082 million, of which Japan Bank for International Cooperation (JBIC) provides $393 million, $29 million guarantee comes from the World Bank, $150 million loan and $15 million risk management from IFC, and Sumitomo Mitsui Banking Corporation, Mizuho Bank and Societe Generale support the project with $87.57 million contribution each. Syrdarya II is contracted to provide power to the National Power Grid of Uzbekistan as part of a 25 year off-take Power Purchase Agreement (PPA), signed on 25 March, 2022. The project is developed under BOO mode. Financial close is achieved in March, 2023. Realfin https://www.jbic.go.jp/en/information/press/press-2022/0324-017573.html https://projects.worldbank.org/en/projects-operations/project-detail/P174323 https://disclosures.ifc.org/project-detail/SII/45205/syrdarya-ccgt