ACWA Power’s unit expands power generation capacity in Uzbekistan

Riyadh – Mubasher: ACWA Power Company announced that its subsidiary Sirdarya CCGT Independent Power Project (IPP) started partial commercial operation in Uzbekistan.

Sirdarya added 461 megawatts (MW) to its power capacity in the Uzbekistani plant, bringing its total capacity to 918 MW, according to a bourse filing.

ACWA Power owns 51% of the Sirdarya CCGT IPP project located in the Sirdarya region’s Shirin City in Uzbekistan.

In 2023, ACWA Power registered a 7.90% increase in net profits to SAR 1.66 billion, versus SAR 1.54 billion a year earlier.

Mubasher Contribution Time: 03-Apr-2024 10:33 (GMT)
Mubasher Last Update Time: 03-Apr-2024 10:33 (GMT)