RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of April 30, 2025 No. PP-158

About measures for implementation of the investment project "Construction of Solar Photopower Plant Capacity of 500 MW and Overhead Power Transmission Lines in Farishsky District of the Jizzakh Region"

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 active attraction of direct foreign investments to expansion of scale of use of renewable energy resources:

I. Production organization of electrical energy at solar photopower plants

1. Take into consideration that as a result of direct negotiations:

(a) the companies "China Electrical Equipment lnternational So. LTD" (People's Republic of China) and China Huadian Overseas Investment So. LTD (People's Republic of China) (further - Investors) within the investment project "Construction of Solar Photopower Plant Capacity of 500 MW and Overhead Power Transmission Lines in Farishsky District of the Jizzakh Region" (further - the Investment project) found Huadian Jizzakh Solar Power LLC (further - the Project company);

(b) between Investors, the Project company and the Government of the Republic of Uzbekistan on behalf of the Ministry of investments, the industry and trade signed on April 5, 2025 the investment agreement according to which Investors and the Project company perform designing, financing, construction and operation of solar photopower plant capacity of 500 MW in the Jizzakh region with attraction of direct investments in the amount of 2,08 of one billion Chinese yuans;

(c) between Investors and JSC Uzenergosotish the Purchase agreement of electrical energy, between the Project company and JSC Natsionalnye elektricheskiye seti Uzbekistana on April 5, 2025 - the Agreement on connection to networks on September 13, 2024 is signed (further - Agreements).

II. Obligations and privileges

2. Determine that according to the Purchase agreement of electrical energy:

(a) The investor yields to the Project company the rights and obligations;

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