RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of March 4, 2021 No. PP-5018

About measures for implementation of the Investment projects "Construction of Steam-gas Power Plant Capacity of 240 MW and Gas-piston Power Plant Capacity of 230 MW in the Tashkent Region" and "Construction of Gas-piston Power Plant Capacity of 270 MW in the Bukhara Region"

For the purpose of development of capacities in production of electrical energy with attraction of direct foreign investments in electric power industry, and also stable and high-quality providing industries of economy and the population with energy resources:

1. Take into consideration that:

a) between the Government of the Republic of Uzbekistan on behalf of the Ministry of investments and foreign trade and the company "Aksa Enerji Uretim A.S." (Republic of Turkey) (further - the Investor) on January 20, 2021 is planned implementation of the investment projects (further - Investment projects) connected with designing, financing, construction and operation within 25 years of steam-gas power plant capacity of 240 MW and gas-piston power plant capacity of 230 MW in the Tashkent region (further - the Investment project in the Tashkent region), and also gas-piston power plant by capacity of 270 MW in the Bukhara region (further - the Investment project in the Bukhara region);

b) for the purpose of implementation of the Investment project in the Tashkent region by the Investor creates Aksa Enerji Tashkent LLC (further - the Project company in the Tashkent region);

c) for the purpose of implementation of the Investment project in the Bukhara region by the Investor creates Aksa Enerji Bukhara LLC (further - the Project company in the Bukhara region);

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