The Law Firm LEGATE in collaboration with the international law firm Simmons & Simmons accompanied the signing of an agreement between the Government of the Republic of Uzbekistan and Stone City Energy (Netherlands) on the construction of a combined-cycle gas turbine power plant with a capacity of 1,500 – 1,600 MW in the Surkhandarya region worth $ 1.2 billion.
The investment agreement and the power purchase agreement, concluded within the framework of the project, were approved by the Decree of the President of the Republic of Uzbekistan dated July, 24 2021. No.PP-5193
The commercial operation of the power plant is expected to occur by the end of 2024. The project provides for the introduction of new technologies and equipment.
We are pleased to be a part of this project and look forward to its successful implementation.
