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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of May 24, 2024 No. PP-190

About measures for implementation of the investment project "Construction of Solar Photopower Plant Capacity of 263 MW and Overhead Power Transmission Lines in Bukinsky District of the Tashkent 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 active 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 Datang Overseas Investment Co.Ltd." (People's Republic of China) (further - the Investor) within the investment project "Construction of Solar Photopower Plant Capacity of 263 MW and Overhead Power Transmission Lines in Bukinsky District of the Tashkent Region" (further - the Investment project) the investment agreement (further - the Investment agreement) on January 25, 2024 is signed according to which the Investor performs:

designing, financing, construction and operation of solar photopower plant capacity of 263 MW in Bukinsky district of the Tashkent region throughout the entire period of implementation of the Investment project;

attraction of direct foreign investments in the amount of on predesigns of only 150 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 25, 2024 is signed according to which:

The investor under this agreement yields the rights and obligations for benefit of organized by him within the project of DATANG BUKA NEW ENERGY DEVELOPMENT LLC (further - the Project company);

The project company assumes obligation of the guaranteed sale of the made electrical energy of JSC Natsionalnye elektricheskiye seti Uzbekistana;

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