Uzbekistan’s Ministry of Energy has revealed the offers made by the five shortlisted developers for the tender launched in February for a 200 MW solar project in Sherabad, in the southeastern region of Surkhandarya.
The lowest bid was made by UAE-based Masdar, which offered a price of $0.018045/kWh for a project that is expected to exceed the tendered capacity and to have an installed power of 457 MW. The second-lowest bid was submitted by Chinese solar developer Jinko Power submitted a price of $0.021621/kWh for 500 MW of capacity.
Furthermore, Saudi Arabian utility ACWA Power offered $0.024825/kWh for 354 MW of capacity and France's Total Eren offered $0.033940/kW for 400 MW. The final price of Chinese module maker Risen, which was also among the shortlisted bidders, has not been revealed.
The Uzbek government had pre-qualified 54 bidders for the tender in March. “The project capacity is a minimum of 200MW,” Olivier Kueny, Senior PPP Specialist at the Asian Development Bank (ADB), told pv magazine. “We innovated on this tender by allowing bidders to optimize their bids by not capping the capacity for them to use fully the 600ha of land available.”
The exercise is being carried out with the support of the ADB. It is part of the 1 GW solar program developed by the government and the lender. Other tenders, for 900 MW of PV capacity are being held with the support of the International Finance Corporation (IFC) private sector arm of the World Bank.
According to the latest statistics from the International Renewable Energy Agency, the country had an installed solar power generation capacity of only 4 MW at the end of 2020.
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