Uzbekistan has a mixed hydroelectric and thermal electricity generating system, dominated with natural gas. After experiencing a decline in the demand for electricity during early years of independance from the Soviet Union, the Uzbek system is experiencing a surge in demand once again. Some ageing thermal power plants have come to the end of their economic life, displaying poor fuel efficiency and reliability.
RMA was commissioned to conduct the economic evaluation of the proposal to expand the Tashkent Power Plant in Uzbekistan. The study was conducted for Mitsubishi Reasearch Institute, Japan, as a part of their due deligence on behalf of the Japan Bank for International Cooperation (JBIC). JBIC was to finance the power plant expansion project.
In this study, the entire hydro-thermal power generating system of Uzbekistan was modelled to include existing and committed power generating facilities, and the expected growth in demand for electricity over the next 20 years. The proposed expansion for the Tashkent Power Plant was then included to examine whether there will be economic benefits to the system.
- Mitsubishi Research Institute, Japan
- Due Diligence on Energy Sector Projects, Power Generation & Economics