Document from CIS Legislation database © 2003-2024 SojuzPravoInform LLC

RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of July 5, 2023 No. PP-215

About additional measures for construction of steam-gas power plant capacity of 1500 - 1600 MW in the Surkhandarya region

(Extraction)

For the purpose of acceleration of construction of the thermal power plant which is under construction in the Surkhandarya region and also steady providing the population and industries of economy with energy resources:

1. Take into consideration that:

a) (Netherlands) (further - the Investor) the investment project "Construction of Steam-gas Power Plant Capacity of 1 500 - 1 600 MW in the Surkhandarya Region" (further - the Investment project) at the expense of direct foreign investments is implemented by the Stone City Energy company;

b) for the purpose of implementation of the Investment project by the Investor SCE Quvvat LLC is created (further - the Project company);

c) between the Government of the Republic of Uzbekistan on behalf of the Ministry of investments, the industry and trade, the Investor and the Project company the investment agreement is signed on April 22, 2021 (further - the Investment agreement);

d) between JSC Natsionalnye elektricheskiye seti Uzbekistana and the Project company on April 22, 2021 within the Investment project the Purchase agreement of electrical energy is signed (further - the Purchase agreement of electrical energy);

e) when financing the Investment project Islamic development bank (IDB) and Islamic corporation on private sector development (ICD), and also other creditors participate;

e) according to requirements of creditors changes and additions are made to the Investment agreement and the Purchase agreement of electrical energy.

2. Within implementation of the Investment project:

approve changes and additions made on June 29, 2023 to the Investment agreement;

approve changes and additions made on May 8, 2023 to the Purchase agreement of electrical energy.

3. Determine that within financing of the Investment project:

a) Islamic development bank and Islamic corporation on private sector development use the relevant Islamic structures of financing and the arrangement which are not contradicting the current legislation of the Republic of Uzbekistan.

At the same time between the Republic of Uzbekistan and the Kingdom of Saudi Arabia contracts with Islamic development bank and Islamic corporation on private sector development which are used concerning these Islamic structures of financing and arrangements are signed the Tax agreement, and also;

b) the following Islamic structures of financing and the arrangement are used:

Islamic development bank, including, the basic agreement about payment by installments, the agency agreement (the obligation of purchase), the memorandum of mutual understanding, the address about payment implementation, any statement of transfer (certificate) which is drawn up concerning payments and other relevant agreements and means required as part of this method of financing;

Islamic corporation on private sector development - the purchase agreement "Istisna", the lease agreement "forward", the obligation of purchase and sale, the agreement of the servicing agency (the agreement of investment agency), the address about payment implementation, any statement of transfer (certificate) which is drawn up concerning payments and other relevant agreements and means required as part of this method of financing.

At the same time the agreements applied by Islamic structures of financing and Islamic corporation on private sector development as agreements of financing are finance lease;

c) the funds allocated by Islamic development bank and Islamic corporation on private sector development are classified as capital movement transaction, and also exempted from the requirement of the registration applied rather foreign trade transactions.

4. 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.

5. Make changes and additions to some acts of the President of the Republic of Uzbekistan according to appendix.

6. Assign to the Minister of Energy Zh. T. Mirzamakhmudov the personal responsibility for the effective organization of execution of this resolution.

To impose control of execution of this resolution on the Prime Minister of the Republic of Uzbekistan A. N. Aripov.

President of the Republic of Uzbekistan

Sh. Mirziyoev

 

Appendix

to the Resolution of the President of the Republic of Uzbekistan of July 5, 2023 No. PP-215

Changes and additions made to some acts of the President of the Republic of Uzbekistan

1. No. PP-5001 "About measures for implementation of the investment project "Construction of Windfarm Capacity of 300 - 500 MW in Peshkunsky District of the Bukhara Region" to add Item 7 of the resolution of the President of the Republic of Uzbekistan of February 23, 2021 with the paragraph the sixth the following content:

"acquire unmanned aerial vehicles (drones) and carry out monitoring of construction works by means of their use in accordance with the established procedure".

2. No. PP-5003 "About measures for implementation of the investment project "Construction of Windfarm Capacity of 500 MW in Gizhduvansky District of the Bukhara Region" to add Item 7 of the resolution of the President of the Republic of Uzbekistan of February 23, 2021 with the paragraph the sixth the following content:

"acquire unmanned aerial vehicles (drones) and carry out monitoring of construction works by means of their use in accordance with the established procedure".

3. In the resolution of the President of the Republic of Uzbekistan of July 24, 2021 No. PP-5193 "About measures for the organization of construction of steam-gas power plant capacity of 1500 - 1600 MW in the Surkhandarya region":

a) in item 4 of the word to "The ministry of investments and foreign trade, JSC Natsionalnye elektricheskiye seti Uzbekistana and khokimiyat of the Surkhandarya region" shall be replaced with words to "The ministry of investments, industry and trade, JSC Natsionalnye elektricheskiye seti Uzbekistana, Agency on management of the state assets and khokimiyat of the Surkhandarya region";

b) add Item 9 with the paragraph third the following content:

"To perform payment for the parcel of land provided in lease within the project the Project company and to equate the cost of payment to the cost of the land tax".

4. No. PP-169 "About measures for project implementation "Construction and operation of windfarm capacity of 100 MW in Karauzyaksky district of the Republic of Karakalpakstan on the basis of conditions of public-private partnership"" to add Item 6 of the resolution of the President of the Republic of Uzbekistan of March 18, 2022 with the paragraph the fifth the following content:

"acquire unmanned aerial vehicles (drones) and carry out monitoring of construction works by means of their use in accordance with the established procedure".

5. Is not subject for publication.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

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

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SoyuzPravoInform LLC.