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According to our Public Dislosure dated 10 November 2023, an agreement was signed with NEGU (National Electric Grid of Uzbekistan), affiliate of the Ministry of Energy of Uzbekistan, for the installation and operation of a natural gas combined cycle power plant with an installed capacity of 430 MW in Tallimarjon city of Uzbekistan.
Financing of the above-mentioned project is completed and "Equipment Transfer Agreement" is signed between Aksa Energy's 100% subsidiary Aksa Enerji Talimarjan FE LLC and Gülsan Sentetik Dokuma San. Ve Tic. AŞ. and an application has been made to the Competition Board regarding the process.
The new power plant to be commissioned by Aksa Energy is of great importance in terms of the Uzbekistan government's decentralized energy production and efficiency-oriented resource saving strategy.
Kind regards,
Note: In case of discrepancy between Turkish and English versions, Turkish version shall prevail.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.