KUNGRAD 123 WIND IPP

OVERVIEW

The Kungrad 1,500MW Wind + 300MW BESS project, including a ~1,450km OHTL (to be handed over to the offtaker after construction) is a greenfield independent power project being developed by ACWA Power in the Republic of Karakalpakstan, Republic of Uzbekistan.

ACWA Power and JSC National Electrical Grid of Uzbekistan (NEGU) signed a 25-year Power Purchase Agreement (PPA) for the sole offtake of the plant’s electrical output.

The project will be located in the Republic of Karakalpakstan and developed under a ‘Build, Own, Operate & Transfer’ framework. ACWA Power will take the lead in the construction, engineering, operation and maintenance of the plant.

 

KEY FACTS

  • LOCATION
    Kungrad District, Republic of Karakalpakstan, Republic of Uzbekistan
  • OFFTAKER
    JSC National Electric Grid of Uzbekistan (NEGU)
  • CAPACITY
    1,500 MW Wind + 300MW BESS
  • TECHNOLOGY
    Onshore Wind + BESS
  • PROJECT COST
    USD 3,068.46 M
  • ACWA POWER SHARE
    100%
  • OFFTAKE CONTRACT
    25-Yr PPA | BOO(T)
  • PROJECT COMPANY
    “ACWA POWER KUNGRAD WIND 1” LLC FE, “ACWA POWER KUNGRAD WIND 2” LLC FE, “ACWA POWER KUNGRAD WIND 3” LLC FE