of July 22, 2024 No. PP-276
About measures for implementation of the investment project "Construction of Windfarm Capacity of 300 MW in Nuratinsky District of the Navoiy Region"
(In edition of the Resolution of the President of the Republic of Uzbekistan of 17.12.2025 No. PP-379)
For the purpose of stable providing with energy resources the population and industries of economy, reducing consumption of natural gas in case of power generation, and also broad attraction of direct foreign investments in expansion of scale of use of renewable energy resources:
1. Take into consideration that:
a) between the Government of the Republic of Uzbekistan on behalf of the Ministry of investments, the industry and trade and the company "China Gezhouba Group Overseas Investment Co.Ltd." (People's Republic of China) (further - the Investor) within the investment project "Construction of Windfarm Capacity of 300 MW in Nuratinsky District of the Navoiy Region" (further - the Investment project) the investment agreement (further - the Investment agreement) on January 22, 2024 is signed according to which the Investor performs:
designing, financing, construction and operation of windfarm capacity of 300 MW in Nuratinsky district of the Navoiy region throughout the entire period of implementation of the Investment project;
attraction of direct foreign investments in the amount of on predesigns of only 390 million US dollars with acceptance on possible risks;
b) as a result of direct negotiations between JSC Natsionalnye elektricheskiye seti Uzbekistana and the Investor the Purchase agreement of electrical energy (further - the Agreement) on January 22, 2024 is signed according to which:
The investor under this agreement yields the rights and obligations for benefit of the Project company organized by him within the project (further - the Project company);
The project company
assumes obligation of the guaranteed sale of the made electrical energy of JSC Natsionalnye elektricheskiye seti Uzbekistana;The project company provides guarantee of the first-class bank in the amount of 10, to 8 million US dollars as ensuring proper execution of the obligations in the period of construction;
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