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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of February 2, 2021 No. PP-4971

About measures for the organization of construction of the next thermal power plant capacity of 240 MW in the Tashkent region

For the purpose of increase in capacities on 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 of the Republic of Uzbekistan, the company "CENGIZ ENERJI SAN. VE TIC A.S." (Republic of Turkey) (further - the Investor) and Cenergo LLC (further - the Project company) is signed the investment agreement providing the obligations of the Investor and the Project company connected with designing, financing, construction and operation within 25 years of steam-gas power plant capacity of 240 MW in the Tashkent region (further - the Investment project);

b) between JSC Natsionalnye elektricheskiye seti Uzbekistana (further - JSC NESU) and the Project company signs the Purchase agreement of electrical energy according to which:

The project company assumes obligation of the guaranteed sale of the developed electrical energy to the single buyer - JSC NESU;

JSC NESU in accordance with the terms of the Purchase agreement of electrical energy assumes obligation of the guaranteed purchase of electrical energy within 25 years and makes payment for electrical energy in national currency;

JSC NESU as ensuring obligation fulfillment represents to advantage of the Project company the confirmed, renewable, irrevocable and unconditional bank guarantee in foreign currency for covering of purchase of electrical energy within three months.

2. Approve the Investment agreement signed between the Government of the Republic of Uzbekistan on behalf of the Ministry of investments and foreign trade, the Investor and the Project company.

3. Approve the Purchase agreement of electrical energy signed between JSC NESU and the Project company.

4. Determine that according to the Investment agreement and the Purchase agreement of electrical energy acquisition of electrical energy during the term of their action is made on the rate denominated in foreign currency.

5. Resolve JSC NESU according to the Purchase agreement of electrical energy:

provision in foreign currency of the confirmed, renewable, irrevocable and unconditional bank guarantee of commercial bank of the Republic of Uzbekistan for benefit of the Project company as ensuring obligation fulfillment for covering of purchase of the electrical energy developed by the Project company within three months;

act as the supplier of natural gas for the purposes of the Investment project.

6. To provide to JSC Uztransgaz and JSC NESU the conclusion of the delivery agreement of the Project company of natural gas according to the amounts and parameters provided by the Purchase agreement of electrical energy.

7. Permit the Project company to open within implementation of the Investment project bank accounts abroad in foreign banks for crediting, obtaining and use of means in foreign currency (including, in addition, receipts of borrowing facilities in foreign currency), and also to transfer money from the bank accounts opened in the republic for the bank accounts opened abroad.

8. To khokimiyat of the Tashkent region in a month in accordance with the established procedure to allocate to the Project company the parcel of land for the term of implementation of the Investment project on the conditions specified in the Investment agreement and the Purchase agreement of electrical energy.

9. (R. K. Davletov) to issue to the Ministry of Justice the legal conclusions under the agreements signed within implementation of the Investment project according to provisions of the Investment agreement.

10. (A. S. Sultanov) in accordance with the established procedure to provide to Department of Energy conducting the state environmental assessment of the project documentation and observance of the nature protection legislation in case of implementation of the Investment project.

11. To the ministry of construction (B. I. Zakirov) in accordance with the established procedure to exercise the state architectural construction supervision behind quality of construction works within implementation of the Investment project.

12. To the Ministry of Foreign Affairs (A. H. Komilov) according to requests of the Project company to provide in accordance with the established procedure execution (prolongation) of entrance visas to the foreign specialists participating in implementation of the Investment project and also members of their families.

13. To the Ministry of Internal Affairs (P. R. Bobozhonov) according to requests of the Project company to provide in accordance with the established procedure registration, issue (prolongation) of multi-visas, and also temporary registration in the place of temporary stay and its prolongation to the foreign specialists participating in implementation of the Investment project and also members of their families.

14. (N. B. Khusanov) according to requests of the Project company to provide to the ministry of employment and employment relationships in accordance with the established procedure issue (prolongation) of permissions to attraction to the Republic of Uzbekistan of foreign labor power (not from among citizens of the Republic of Uzbekistan), and also issue (prolongation) to foreign citizens of confirmations on the right of labor activity in the territory of the Republic of Uzbekistan.

15. Consider PP-4287 which voided the resolution of the President of the Republic of Uzbekistan of April 13, 2019 "About measures for implementation of the investment project "Construction of Thermal Power Plant of the Combined Cycle in the Tashkent Region Capacity of 850 MW".

16. Assign to the Minister of Energy A. S. Sultanov the personal responsibility for the organization of effective fulfillment of this resolution.

Quarterly discussion of course of execution of this resolution, and also implementation of coordination and control of activities of the departments responsible for its execution to assign to the deputy prime minister of the Republic of Uzbekistan S. U. Umurzakov.

To inform the President of the Republic of Uzbekistan following the results of every quarter on effectiveness of the performed measures.

President of the Republic of Uzbekistan

Sh. Mirziyoev

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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